28 Feb 2012

"Hoodwinked: an economic hit man reveals why the world financial markets imploded... Lazy Thieves" - Epilogue

In this edition of the show we discuss the book; Hoodwinked: An Economic Hit Man Reveals Why the World Financial Markets Imploded, written by John Perkins.

The book pulls back the curtain on the real cause of the current global financial meltdown. He shows how we've been hoodwinked by the CEOs who run the corporatocracy, those few corporations that control the vast amounts of capital, land, and resources around the globe and the politicians they manipulate.

These corporate fat cats, Perkins explains, have sold us all on what he calls predatory capitalism, a misguided form of geopolitics and capitalism that encourages a widespread exploitation of the many to benefit a small number of the already very wealthy. Their arrogance, gluttony, and mismanagement have brought us to this perilous edge. The solution is not a "return to normal."

But there is a way out. As Perkins makes clear, we can create a healthy economy that will encourage businesses to act responsibly, not only in the interests of their shareholders and corporate partners but in the interests of their employees, their customers, the environment, and society at large.