Economic hitmen are individuals who manipulate nations through various tactics to serve the interests of powerful corporations and governments. Their actions often result in the exploitation of resources, the accumulation of debt, and the suppression of local economies.
In this article, we will explore the concept of Economic Hitmen and how America allegedly took over the world through economic manipulation and coercion.
It is important to highlight that the strategy used by economic hitmen from the US to allegedly take over the world was also implemented in Lebanon, playing a significant role in the collapse of the Lebanese republic. This strategy involved economic manipulation and coercion to serve the interests of powerful entities, resulting in the exploitation of resources (soon), accumulation of debt, and suppression of the local economy.
The Role of Economic Hitmen
In the realm of international politics and economics, there exists a clandestine group known as Economic Hitmen. These individuals wield immense influence and power, quietly shaping the economic policies of other nations. Their actions often have far-reaching consequences, impacting not only the targeted countries but also the global economic landscape. In this article, we will delve into the definition of Economic Hitmen and explore some short examples to shed light on their elusive role.
“Fear and debt drive this system. We are hammered with messages that terrify us into believing that we must pay any price, assume any debt, to stop the enemies who, we are told, lurk at our doorsteps.” – John Perkins, Former Economic Hitman
Definition of Economic Hitmen
Economic Hitmen, regarded as exceptionally proficient individuals in their field, possess an array of advanced skills and expertise that allow them to artfully and shrewdly manipulate the economic policies of nations other than their own, all with the ulterior motive of advancing their own interests. These highly sought-after professionals are frequently enlisted by influential entities, be it immense corporations or even governments themselves, acting as strategists in order to guarantee that foreign nations align their economic goals harmoniously with the overarching objectives set by their employers. Functioning under the shroud of secrecy, these clandestine agents skillfully navigate through a multitude of tactics, employing a diverse range of strategies to effectively assert control over the economic decision-making processes of the countries they target.
A Short Example:
To gain a deeper comprehension of the profound impact that Economic Hitmen have in shaping various socio-economic dynamics, let’s delve into a couple of concise yet illuminating examples that shed light on their significant role. An exemplary instance that vividly portrays the intricate workings of an Economic Hitman involves a multinational corporation, driven by an insatiable desire to acquire unrestricted access to immensely valuable and finite natural resources prominently found within the borders of a promising yet vulnerable developing nation. Recognizing the unparalleled potency wielded by the employment of an Economic Hitman, the aforementioned corporation strategically employs the services of these adept individuals with the explicit objective of craftily negotiating a series of trade agreements that place an unwarranted emphasis on their own self-serving interests, vigorously advocating for exploitative terms that unapologetically tilt the scales in their favor, utterly disregarding the socio-economic welfare of the hapless host country, thus perpetuating a cycle of disempowerment and inequality.
One notable example that reveals the extent of control exercised by Economic Hitmen pertains to the utilization of debt as a potent tool for manipulation. These individuals, with their ulterior motives, not only advocate for the provision of loans and financial aid to specific countries but also possess the foresight that these indebted nations will inevitably find themselves incapable of repaying such debts. Thus, this calculated maneuver traps these nations in an ongoing, vicious cycle of dependency, rendering them increasingly susceptible to the Economic Hitmen’s insidious influence over their economic policies and decision-making processes, which, needless to say, are consistently steered in favor of the manipulators themselves.
How Did This Start?
During the initial years of the Cold War, American strategists found themselves deeply engrossed in the perplexing question of how to effectively eradicate recalcitrant rulers who posed a hindrance to the nation’s interests, while simultaneously ensuring the retention of their countries and valuable resources under American control. The notion of deploying the formidable might of the US Marine Corps seemed overtly aggressive and risk-laden, prompting the search for alternative methods.
However, it was not until the 1960s that a groundbreaking solution materialized. Dubbed as “Economic Hit Men” or EHMs, this novel approach involved the utilization of private-sector contractors who were entrusted with executing the clandestine operations required to manipulate countries into harmonization with the United States. This covert strategy allowed for the achievement of desired outcomes while circumventing the overt use of military force.
Tactics Used by Economic Hitmen
Debt trap diplomacy is a tactic used by economic hitmen to gain control over developing nations. It involves offering large loans to these countries that they are unable to repay. As a result, the borrowing country becomes heavily indebted to the lender. The lender then uses this debt as leverage to impose various conditions and policies that benefit their own interests. This can include political concessions, access to natural resources, or favorable trade agreements.
Manipulation of financial markets is another tactic employed by economic hitmen. They use various strategies to manipulate stock prices, currency exchange rates, and interest rates to their advantage. By doing so, they can create economic instability, weaken the target country’s economy, and gain more control over its financial system. This manipulation can lead to financial crises, inflation, and market speculation, which ultimately benefits the economic hitmen and their associated interests.
Exploitation of natural resources is a key tactic used by economic hitmen to extract wealth from developing nations. They often target countries with abundant natural resources, such as oil, minerals, or timber. Economic hitmen work with multinational corporations to secure favorable contracts that allow these companies to exploit the resources at the expense of the local population. This can lead to environmental degradation, displacement of indigenous communities, and unequal distribution of wealth.
What is the end result of such tactics?
They contribute to increased wealth inequality, impoverishment of developing nations, and dependence on foreign aid and loans.
Debt is utilized by Economic Hit Men to advance US interests globally.
Following World War II, the US government confronted a dilemma: How can national interests be advanced abroad without resorting to armed conflict and widespread casualties? On the surface, this may seem like a plea for global peace. However, the US government’s response was more sinister.
By the onset of the Cold War in the 1960s, the US possessed a compelling means to support its stance: the threat of nuclear weapons. Nevertheless, while such weaponry is immensely powerful, it is hardly practical for day-to-day negotiations. The US required a more effective approach to incentivize world leaders to promote US commercial interests without risking further bloodshed.
Thus, a new weapon was added to its arsenal: Economic Hit Men.
An Economic Hit Man, or EHM, is akin to a covert operative. Unlike James Bond, however, an EHM primarily relies on the art of persuasion. Instead of gadgets, an EHM employs bribes, coercion, and deceptive economic reports, all with the primary objective of pressuring nations to accept increasing amounts of economic aid from international organizations like the World Bank. Subsequently, this debt is utilized to influence policy decisions, particularly those pertaining to valuable natural resources such as oil. When countries are indebted, the US can rely on their loyalty, which also benefits major US corporations and affluent investors.
Through manipulated financial reports, EHMs convinced leaders that the programs they advocated would foster local economic growth. If a leader did not align with US interests or refused to cooperate, EHMs would assist in instigating coups, followed by rigged elections to ensure a more amenable replacement assumed power. EHMs also resorted to extortion, threats, and any other means necessary to achieve US political, economic, and military objectives.
However, in 1953, a CIA agent named Kermit Roosevelt orchestrated a coup in Iran to regain unrestricted access to its oil reserves. While the coup succeeded, the US recognized the perils of this dangerous game. Individuals like Roosevelt, who organized coups and exerted pressure through debt, were representatives of the US government. If their actions were exposed, it would pose a significant problem. The solution? Channel funds to private sector companies, which would then recruit and manage teams of EHMs worldwide. If these efforts went awry, they could only be traced back to these private corporations, shielding the CIA and US military from direct association.
The Impact of Economic Hitmen
Economic Consequences
Economic hitmen, as described in the article, have had significant economic consequences around the world. Three key consequences include increased wealth inequality, the impoverishment of developing nations, and dependence on foreign aid and loans.
1. Increased wealth inequality: Economic hitmen often promote policies that favor the interests of a small elite, leading to a widening wealth gap within societies. These policies may include deregulation, privatization, and trade agreements that benefit multinational corporations and the wealthy, while leaving the majority of the population with limited economic opportunities.
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2. Impoverishment of developing nations: Economic hitmen frequently target developing nations, taking advantage of their vulnerable economic conditions. They utilize various tactics, such as offering development loans with high interest rates or promoting projects that prioritize short-term gains over long-term sustainability. These practices can lead to excessive debt burdens, limited resources for social welfare programs, and hindered economic growth.
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3. Dependence on foreign aid and loans: Economic hitmen often create a cycle of dependency on foreign aid and loans within targeted countries. By intentionally keeping nations in debt, they ensure control and influence over their economic and political decisions. This reliance on external financial assistance can limit a country’s ability to pursue independent policies, make sovereign decisions, and prioritize the needs of their own citizens.
Political Consequences of EHMs
One of the major concerns that arises as a result of certain actions in the geopolitical arena is the gradual undermining of national sovereignty, which poses significant challenges for countries in asserting their authority and maintaining independent decision-making. Such a phenomenon can occur due to various factors, such as interference in internal affairs, economic coercion, or the establishment of power dynamics that overshadow the autonomy of a nation-state. This erosion of sovereignty not only weakens a country’s ability to govern and protect its interests but also diminishes its standing on the global stage, potentially leading to a loss of control over crucial aspects of national development and decision-making processes.
Another consequence that arises from certain geopolitical maneuvers is the installation of puppet governments, which entails the imposition of regimes that serve as mere puppets, beholden to external influences rather than genuinely representing the will and aspirations of their people. This manipulation of political power involves the strategic placement of leaders who prioritize external interests over the welfare and autonomy of their own citizens, compromising the authenticity and effectiveness of governance. The installation of puppet governments not only undermines the legitimacy of democratic institutions but also perpetuates a cycle of dependency and subservience, stifling the voices and agency of the population in shaping their own destiny.
Furthermore, one cannot overlook the detrimental impact of geopolitical maneuvers on the stability of various regions. These actions often disrupt the delicate balance within a given area, leading to a spiral of conflicts, tensions, and insecurity. The destabilization of regions can be a result of various factors, including the alteration of power dynamics, the manipulation of ethnic or religious divides, or the spread of extremist ideologies. Such destabilization undermines the social fabric, economic development, and overall well-being of affected regions, creating a breeding ground for violence, extremism, and the displacement of vulnerable populations. Moreover, it hampers efforts for peaceful coexistence, regional cooperation, and sustainable development, leaving lasting scars on the affected societies and impeding their progress towards prosperity and harmony.
John Perkin’s Story in A Nutshell
Back in 1968, John Perkins, the author of “Confessions of an Economic Hitman”, was oblivious to the world of EHMs. At the age of 23, Perkins, who was about to complete his Business Administration degree at Boston University, was seeking adventure and a way to avoid being drafted into the Vietnam War.
He soon discovered a solution that satisfied both desires. Instead of accepting a desk job at the National Security Agency, he opted for a more enticing opportunity: volunteering with the Peace Corps in the Ecuadorian Amazon.
Perkins fully immersed himself in his Peace Corps responsibilities and, in the process, gained knowledge about Ecuador’s people, history, and economy. During his time there, he unexpectedly encountered a man named Einar Greve, the vice president of Chas T. Main Inc. (MAIN), an international engineering consultancy. Greve was in need of someone familiar with the country, someone he could trust.
The main point here is that Perkins began his career as an EHM by working for a private consultancy.
MAIN had to convince its client, the World Bank, that it would be a wise decision to loan billions of dollars to Ecuador and its neighboring countries for the purpose of funding much-needed hydroelectric dams. Greve asked Perkins for assistance.
Over the course of the following year, Perkins regularly sent Greve reports analyzing Ecuador’s economy. When he returned to Boston in 1971, Greve offered him a position as an economic forecaster at MAIN. Over time, Perkins realized that although MAIN was an engineering company, it did not actually construct anything. Instead, it acted as an intermediary between governments and private companies. For the next decade, Perkins wrote economic reports similar to those he had written in Ecuador. His job was to make massive loans appear to be a good idea, loans that would leave countries heavily indebted and susceptible to US influence.
For instance, Perkins manipulated data to persuade Indonesia’s leaders to accept billion-dollar loans for infrastructure projects and oil extraction. As was customary, the loan terms required them to hire American contractors, such as MAIN. MAIN did not receive direct funding from the US government, but it did not need to. The loan terms ensured that the company would become wealthy.
In 1973, Perkins negotiated US access to Saudi Arabia’s oil reserves, facilitating the large-scale modernization of the country’s infrastructure in return. Throughout the years, he witnessed coups, assassinations, money laundering, and corruption, all as a result of his activities as an EHM. Eventually, his conscience caught up with him, and he resigned from MAIN in 1980. However, America’s utilization of EHMs worldwide was only just beginning.
Case Study
Lebanon
The role of Economic Hitmen (EHMs) and US foreign policy in Lebanon’s economic collapse and banking system failure is a complex issue.
Regarding the US embassy in Lebanon, it is indeed one of the largest US embassies in the world. Embassies play a crucial role in diplomatic relations and promoting the interests of their respective countries.
Lebanon’s economic crisis and the role of the US in it can be traced back to the country’s decision to take a foreign loan in USD after the 15-year long civil war. This decision had long-term implications for Lebanon’s economy and financial stability.
Taking a foreign loan in USD meant that Lebanon had to repay the loan in US dollars, which became a significant burden as the Lebanese economy heavily relies on imports and the country’s currency, the Lebanese pound (LBP), is pegged to the US dollar. This pegging system meant that the Lebanese central bank had to maintain a fixed exchange rate between the LBP and the USD, which required large reserves of US dollars.
Over the years, Lebanon accumulated a significant amount of debt, both public and private, denominated in US dollars. The country’s economy became highly dependent on external funding, including remittances from Lebanese expatriates, foreign investments, and foreign aid.
However, as Lebanon’s economic conditions worsened, the country struggled to repay its debts and maintain financial stability. Political instability, corruption, mismanagement of public funds, and economic missteps further exacerbated the crisis.
The United States played a role in Lebanon’s economic crisis through its influence on international financial institutions such as the International Monetary Fund (IMF) and the World Bank. These institutions have provided financial assistance to Lebanon in the past, but their support often came with conditions and policy recommendations that favored neoliberal economic reforms.
The US also has significant influence in the region, including political and economic ties with Lebanon. This influence has been used to advance American interests and maintain stability in the region.
Ecuador
Between the mid-2000s and 2011, Ecuador experienced a series of political changes, with eight different presidents taking office. These presidents were either overthrown or assassinated and replaced by individuals who prioritized the interests of the United States. However, in 2006, a promising presidential candidate named Rafael Correa emerged.
Correa made a commitment to regain control over Ecuador’s natural resources, which resonated with the public. He won the majority of the votes and, upon assuming office, began implementing his campaign promises. However, there was a significant obstacle: his administration inherited substantial debts that would take years to repay. In order to continue pursuing his ambitious agenda, Correa had to make difficult compromises.
The main message conveyed here is that Ecuador’s new president was compelled to make concessions due to the country’s national debts.
Correa was well aware of the challenges he faced, having read the first edition of “Confessions of an Economic Hit Man.” He had also been approached by EHMs and was prepared to resist their demands.
When the International Monetary Fund informed Correa that the only solution was to sell all the petroleum resources in the Amazon rainforest to eager oil companies, he refused to comply. Previous financing agreements, signed by Ecuador’s military dictators in the 1960s, 1970s, and 1980s, were supported by the CIA and influenced by EHMs.
However, Correa took it a step further by attempting to renegotiate national oil contracts, which stated that Ecuador did not actually own any of its oil and was only entitled to a portion of the profits. When the EHMs failed to change his stance, they attempted to remove him from power, as they had done with the previous eight presidents.
In 2010, the Ecuadorian police, likely organized by EHMs and possibly with assistance from the CIA, staged a coup. The military defended Correa, who survived and remained in office. However, he found himself in a difficult position: if he acted too aggressively, he could still be replaced with another puppet leader, leaving him with little chance of achieving his more realistic goals.
As a result, Correa’s policy decisions in the subsequent years were not as revolutionary as his campaign had led voters to believe. In 2011, he started auctioning off Ecuador’s oil-rich rainforests to appease the EHMs and repay the country’s debts.
Indigenous communities protested, and the demonstrations received sufficient media coverage to discourage any US companies from bidding on the land. The negative public relations associated with such actions outweighed any potential benefits.
2015 FIFA Corruption Scandal
The work of EHMs was made possible by the existence of “corporatocracy” – a network that connected corporations, banks, and governments. This network facilitated corruption and gradually expanded its influence globally, although it remained largely unknown to the average person. However, in 2015, a scandal involving FIFA, the international soccer governing body, shed some light on this issue.
That year, the US Justice Department charged FIFA officials with various corruption offenses, including bribery, money laundering, and fraud – all tactics commonly used by EHMs. On the surface, the guilty pleas of these officials seemed like a significant victory against corruption. However, this scandal only scratched the surface of a much larger conspiracy.
As early as 2007, major banks such as Barclays, Citigroup, JPMorgan Chase, the Royal Bank of Scotland, and UBS formed a group known as “the Cartel” with the aim of manipulating markets to increase their profits. Through secret communication channels like “The Mafia,” these bankers colluded to rig currency prices in the Forex market. In 2014, their actions were exposed, and the banks were fined billions of dollars. However, no individuals were arrested.
John Perkins questions why the FIFA scandal received more attention than the Forex scandal, despite the latter involving much larger sums of money. One possible explanation is that professional sports make for better television and are more entertaining than global currency trading. However, John suggests a different theory.
According to him, the reason the Cartel’s schemes went unnoticed for so long is that banks are part of the corporatocracy. They have the financial resources and political influence to prevent excessive regulation through lobbying and buying off elected officials. On the other hand, FIFA is not part of this network, which is why the Forex scandal received less media coverage compared to the FIFA scandal. The Forex bankers escaped punishment while FIFA officials faced public scrutiny.
Africa
Exploitation of natural resources, such as oil and minerals, in countries like Nigeria and Congo, has resulted in severe consequences for both the local population and the environment surrounding these regions. These consequences have not only impacted the livelihoods and well-being of the local communities but have also caused significant damage to the delicate ecological balance of these areas.
As these countries continue to extract and export natural resources without proper regulation and oversight, the local population bears the brunt of the negative effects. The exploitation often leads to the displacement of indigenous communities, as their lands are taken away or destroyed for the extraction activities. The local people lose access to their traditional sources of sustenance, forcing them to rely on other means of survival, often with limited success. This disruption to their way of life not only causes economic hardships but also results in the loss of their cultural heritage and traditions, which are deeply tied to the natural resources they relied upon for generations.
Moreover, the environmental consequences of this resource exploitation are equally alarming. The extraction processes often involve the use of harmful chemicals and techniques that pollute the air, soil, and water, posing significant health risks to both humans and wildlife. The release of toxic substances and pollutants into the environment can lead to long-term contamination, making these areas unfit for farming, fishing, and other essential activities. The destruction of forests and ecosystems further exacerbates these negative impacts, as biodiversity loss and habitat destruction become rampant.
Furthermore, the lack of proper waste management and infrastructure in these resource-rich countries exacerbates the environmental fallout. The waste generated from the extraction and processing of natural resources is often disposed of irresponsibly, leading to further pollution and contamination. Without adequate measures in place to treat and dispose of this waste, the local ecosystems and water bodies become repositories of harmful substances, perpetuating the damage even after the extraction operations have ceased.
Overall, the exploitation of natural resources in countries like Nigeria and Congo not only inflicts severe hardships on the local population but also takes a heavy toll on the environment. The need for sustainable and responsible resource extraction practices, along with robust regulations, is paramount to mitigate these consequences and ensure the long-term well-being of both the people and the ecosystems in these regions.
EHMs Also Work for Large Banks and Companies in The United States.
The Forex scandal represents just a fraction of the extensive influence that corporate Economic Hit Men (EHMs) have on law and order. EHMs have multiplied in number and diversity since Perkins’s era, and today, numerous major corporations in the United States employ them to accomplish their objectives.
Both domestically and internationally, EHMs have contributed to the enrichment of wealthy individuals and businesses while impoverishing the rest of the world. A 2014 report by Oxfam revealed that nearly half of the world’s wealth is owned by just 1 percent of the global population, and economic inequality has risen in 70 percent of countries over the past three decades. The United States is among these countries.
As global inequality worsens, private banks have also started hiring EHMs. Additionally, EHMs play a crucial role in advocating for tax cuts on behalf of hundred-billion-dollar corporations in Washington.
The main point to take away is that EHMs also serve large banks and companies in the United States.
Boeing, known for its aircraft manufacturing, is also a major producer of weapons and ranks among the top three defense contractors worldwide. Boeing employs a specialized group of EHMs known as “site location consultants” who exert pressure on communities to grant tax breaks and relax environmental regulations for the company. If local and state governments fail to meet their demands, Boeing threatens to relocate its business, along with thousands of jobs. These consultants are handsomely rewarded, receiving up to 30 percent of the government subsidies they secure.
Other well-known companies benefit significantly from corporate welfare facilitated by site location consultants and other types of EHMs. According to a report by the national policy center Good Jobs First, between 2000 and 2015, the US government provided subsidies of $60 million or more to 298 corporations, including Goldman Sachs and Monsanto. ExxonMobil, which earned $41 billion in profit in 2011, received $119 million in state subsidies.
Walmart stands out as a particularly striking example. Americans for Tax Fairness reported that this popular supermarket chain avoids paying billions of dollars in US taxes by storing $76 billion of its assets in 15 overseas tax havens. Such a maneuver would be nearly impossible without the assistance of EHM tactics. However, while profits have soared, wages for Walmart employees have remained low. These employees rely on $6 billion per year in subsidized healthcare, public nutrition, and housing assistance programs.
The Walton family, owners of Walmart, rank among the wealthiest individuals globally. Yet, their wealth is never enough: they still depend on EHMs to further increase their fortune at the expense of others.
Resistance and Alternatives
How To Transition from a Death Economy to a Life Economy
EHMs utilize various tactics such as threats, bribes, and deceit to maintain a global system of fear and indebtedness. This results in a predatory form of corporate capitalism referred to as a “death economy,” where individuals and nations are compelled to act out of fear or coercion.
In response to threats from EHMs, countries like Ecuador and Iran are compelled to exploit their natural resources, which harms their people and the environment.
This situation is not sustainable. Many people believe that this system benefits everyone as long as the economy is growing, but this is not true. So, what can be done?
The main message here is that in order to transition from a death economy, we need to change our mindset.
To break away from the current state of affairs, we must reconsider the fundamental principles of the death economy and prioritize a life economy.
While a death economy relies on debt and threats of war, a life economy is the opposite: it values environmental stewardship, empowers individuals to provide for themselves, promotes sustainable and renewable energy, and establishes community-focused banking systems that do not profit from generations of debt.
Instead of waiting for corporations or governments to solve the world’s problems, we can all take action and work towards creating a more equitable future.
One small step is to practice responsible shopping and investing. Our current lifestyle encourages excessive consumption, so we should aim to buy less, support local businesses, and invest in ethical organizations. Engage with these businesses through email and hold them accountable for their actions by expressing your desired changes.
Another option is to choose a cause and regularly dedicate time to it. You can work towards changing unacceptable practices in big greedy corporations, or support non-governmental organizations through your words and donations. Even better, join a movement that advocates for social, economic, or geopolitical reforms and actively participate.
In the political arena, we can combat the growing influence of lobbyists by advocating for campaign finance reform and supporting political candidates who prioritize real climate change regulations.
Lastly, take the time to educate yourself about global events and speak out against injustices.
Your Leaders Can Make A Difference, So Does You!
Numerous companies benefit from the advantages provided by EHMs. Others may be more supportive of the idea of an ethical economy.
Whether you are a business leader or an entrepreneur striving to align your company with your ethical beliefs, you have the power to take action and create positive changes.
On the other hand, if you are a concerned customer seeking to hold your favorite companies accountable, these tips can help guide your demands for fairer business practices.
Business leaders have the ability to transform the current death economy into a life economy.
Firstly, establish your goals and values and incorporate them into your mission statement and marketing initiatives. If you believe in environmental preservation and social justice for all, make it clear to your investors, executives, and employees why this is important and how it will benefit your company in the long run.
Secondly, back up your words with actions. It is not enough to simply talk about your values; you must integrate them into your actual business practices. This means sourcing raw materials from recycled or sustainable suppliers who can demonstrate their commitment to animal and environmental welfare. Ensure that every employee and stakeholder is aware of the origin of your materials.
Thirdly, avoid being driven solely by profit. Ensure that all employees receive a fair and livable wage. Structure your salary and bonus systems to ensure that compensation differences fall within a reasonable range. For example, you could implement a rule that the highest-paid employee does not earn more than three times the salary of the lowest-paid employee.
Lastly, commit to creating a diverse and inclusive environment at every level of your company. This applies to the people you hire, the suppliers you work with, and the organizations you associate with. Failing to do so may lead to a homogeneous and stagnant business environment, which is rarely a recipe for success.
Transitioning to a life economy may seem like a daunting task, but with these individual and organizational actions, it is possible. Start small and build momentum as you are joined by other like-minded individuals and organizations.
Alternative Economic Models
One area of exploration that holds significant promise is the study of alternative economic systems that prioritize sustainability and equality. As the pressing challenges of climate change and social inequality continue to weigh heavily on global society, it becomes increasingly important to identify and implement alternative methods of organizing and conducting economic activities that can contribute to a more sustainable and equitable world. By focusing on economic systems that prioritize sustainability, we can begin to address the urgent need to reduce our environmental impact and ensure the long-term health and vitality of our planet. Moreover, by prioritizing equality within these economic models, we can strive to create societies that are fair and just, where all individuals have access to resources and opportunities that enable them to thrive.
There are numerous examples of countries that have already taken steps towards implementing alternative economic models that prioritize sustainability and equality. One such example is Bhutan, a small country located in the Eastern Himalayas. Bhutan has adopted a unique economic system known as Gross National Happiness (GNH), which focuses on measuring the overall well-being and happiness of its citizens rather than solely relying on traditional economic indicators like GDP. The GNH framework includes four pillars: sustainable and equitable socio-economic development, environmental conservation, cultural preservation, and good governance. By prioritizing the well-being of its citizens and the sustainability of its environment, Bhutan has taken strides towards creating a more holistic and equitable economic system.
Another example is the Nordic countries of Scandinavia, including Sweden, Denmark, Norway, Finland, and Iceland. These countries have been recognized for their successful implementation of the Nordic Model, a socio-economic system that combines social democracy and market capitalism. The Nordic Model emphasizes equality, strong social safety nets, and high levels of public welfare. These countries have implemented policies such as universal healthcare, affordable education, and robust labor regulations, which contribute to high levels of social mobility and equality. Additionally, the Nordic Model places an emphasis on sustainability, with these countries consistently ranking high in global sustainability rankings and actively working towards reducing their carbon footprints.
In conclusion, the exploration and implementation of alternative economic systems that prioritize sustainability and equality are crucial in addressing the challenges of our time. Countries like Bhutan and the Nordic countries have already made significant progress in this regard, providing valuable examples of how alternative economic models can contribute to a more sustainable and equitable world. By studying and learning from these examples, we can work towards creating economic systems that prioritize the well-being of both people and the planet, ensuring a more just and prosperous future for all.
Final Thoughts
In conclusion, the concept of Economic Hitmen sheds light on the strategies used by powerful nations to influence global economics and politics. The exploration of alternative economic models that prioritize sustainability and equality presents a promising path forward. By studying examples like Bhutan and the Nordic countries, we can learn valuable lessons on how to create economic systems that promote the well-being of both people and the planet. However, the successful implementation of alternative economic models requires collective effort from governments, businesses, and citizens. It is crucial for all stakeholders to commit to these models, invest the necessary resources, and prioritize education and dialogue to ensure its success. This ongoing process will require continuous collaboration and effort to bring about meaningful and lasting change.
Economic hitmen are individuals who manipulate nations through various tactics to serve the interests of powerful corporations and governments. Their actions often result in the exploitation of resources, the accumulation of debt, and the suppression of local economies.
In this article, we will explore the concept of Economic Hitmen and how America allegedly took over the world through economic manipulation and coercion.
It is important to highlight that the strategy used by economic hitmen from the US to allegedly take over the world was also implemented in Lebanon, playing a significant role in the collapse of the Lebanese republic. This strategy involved economic manipulation and coercion to serve the interests of powerful entities, resulting in the exploitation of resources (soon), accumulation of debt, and suppression of the local economy.
The Role of Economic Hitmen
In the realm of international politics and economics, there exists a clandestine group known as Economic Hitmen. These individuals wield immense influence and power, quietly shaping the economic policies of other nations. Their actions often have far-reaching consequences, impacting not only the targeted countries but also the global economic landscape. In this article, we will delve into the definition of Economic Hitmen and explore some short examples to shed light on their elusive role.
“Fear and debt drive this system. We are hammered with messages that terrify us into believing that we must pay any price, assume any debt, to stop the enemies who, we are told, lurk at our doorsteps.” – John Perkins, Former Economic Hitman
Definition of Economic Hitmen
Economic Hitmen, regarded as exceptionally proficient individuals in their field, possess an array of advanced skills and expertise that allow them to artfully and shrewdly manipulate the economic policies of nations other than their own, all with the ulterior motive of advancing their own interests. These highly sought-after professionals are frequently enlisted by influential entities, be it immense corporations or even governments themselves, acting as strategists in order to guarantee that foreign nations align their economic goals harmoniously with the overarching objectives set by their employers. Functioning under the shroud of secrecy, these clandestine agents skillfully navigate through a multitude of tactics, employing a diverse range of strategies to effectively assert control over the economic decision-making processes of the countries they target.
A Short Example:
To gain a deeper comprehension of the profound impact that Economic Hitmen have in shaping various socio-economic dynamics, let’s delve into a couple of concise yet illuminating examples that shed light on their significant role. An exemplary instance that vividly portrays the intricate workings of an Economic Hitman involves a multinational corporation, driven by an insatiable desire to acquire unrestricted access to immensely valuable and finite natural resources prominently found within the borders of a promising yet vulnerable developing nation. Recognizing the unparalleled potency wielded by the employment of an Economic Hitman, the aforementioned corporation strategically employs the services of these adept individuals with the explicit objective of craftily negotiating a series of trade agreements that place an unwarranted emphasis on their own self-serving interests, vigorously advocating for exploitative terms that unapologetically tilt the scales in their favor, utterly disregarding the socio-economic welfare of the hapless host country, thus perpetuating a cycle of disempowerment and inequality.
One notable example that reveals the extent of control exercised by Economic Hitmen pertains to the utilization of debt as a potent tool for manipulation. These individuals, with their ulterior motives, not only advocate for the provision of loans and financial aid to specific countries but also possess the foresight that these indebted nations will inevitably find themselves incapable of repaying such debts. Thus, this calculated maneuver traps these nations in an ongoing, vicious cycle of dependency, rendering them increasingly susceptible to the Economic Hitmen’s insidious influence over their economic policies and decision-making processes, which, needless to say, are consistently steered in favor of the manipulators themselves.
How Did This Start?
During the initial years of the Cold War, American strategists found themselves deeply engrossed in the perplexing question of how to effectively eradicate recalcitrant rulers who posed a hindrance to the nation’s interests, while simultaneously ensuring the retention of their countries and valuable resources under American control. The notion of deploying the formidable might of the US Marine Corps seemed overtly aggressive and risk-laden, prompting the search for alternative methods.
However, it was not until the 1960s that a groundbreaking solution materialized. Dubbed as “Economic Hit Men” or EHMs, this novel approach involved the utilization of private-sector contractors who were entrusted with executing the clandestine operations required to manipulate countries into harmonization with the United States. This covert strategy allowed for the achievement of desired outcomes while circumventing the overt use of military force.
Tactics Used by Economic Hitmen
Debt trap diplomacy is a tactic used by economic hitmen to gain control over developing nations. It involves offering large loans to these countries that they are unable to repay. As a result, the borrowing country becomes heavily indebted to the lender. The lender then uses this debt as leverage to impose various conditions and policies that benefit their own interests. This can include political concessions, access to natural resources, or favorable trade agreements.
Manipulation of financial markets is another tactic employed by economic hitmen. They use various strategies to manipulate stock prices, currency exchange rates, and interest rates to their advantage. By doing so, they can create economic instability, weaken the target country’s economy, and gain more control over its financial system. This manipulation can lead to financial crises, inflation, and market speculation, which ultimately benefits the economic hitmen and their associated interests.
Exploitation of natural resources is a key tactic used by economic hitmen to extract wealth from developing nations. They often target countries with abundant natural resources, such as oil, minerals, or timber. Economic hitmen work with multinational corporations to secure favorable contracts that allow these companies to exploit the resources at the expense of the local population. This can lead to environmental degradation, displacement of indigenous communities, and unequal distribution of wealth.
What is the end result of such tactics?
They contribute to increased wealth inequality, impoverishment of developing nations, and dependence on foreign aid and loans.
Debt is utilized by Economic Hit Men to advance US interests globally.
Following World War II, the US government confronted a dilemma: How can national interests be advanced abroad without resorting to armed conflict and widespread casualties? On the surface, this may seem like a plea for global peace. However, the US government’s response was more sinister.
By the onset of the Cold War in the 1960s, the US possessed a compelling means to support its stance: the threat of nuclear weapons. Nevertheless, while such weaponry is immensely powerful, it is hardly practical for day-to-day negotiations. The US required a more effective approach to incentivize world leaders to promote US commercial interests without risking further bloodshed.
Thus, a new weapon was added to its arsenal: Economic Hit Men.
An Economic Hit Man, or EHM, is akin to a covert operative. Unlike James Bond, however, an EHM primarily relies on the art of persuasion. Instead of gadgets, an EHM employs bribes, coercion, and deceptive economic reports, all with the primary objective of pressuring nations to accept increasing amounts of economic aid from international organizations like the World Bank. Subsequently, this debt is utilized to influence policy decisions, particularly those pertaining to valuable natural resources such as oil. When countries are indebted, the US can rely on their loyalty, which also benefits major US corporations and affluent investors.
Through manipulated financial reports, EHMs convinced leaders that the programs they advocated would foster local economic growth. If a leader did not align with US interests or refused to cooperate, EHMs would assist in instigating coups, followed by rigged elections to ensure a more amenable replacement assumed power. EHMs also resorted to extortion, threats, and any other means necessary to achieve US political, economic, and military objectives.
However, in 1953, a CIA agent named Kermit Roosevelt orchestrated a coup in Iran to regain unrestricted access to its oil reserves. While the coup succeeded, the US recognized the perils of this dangerous game. Individuals like Roosevelt, who organized coups and exerted pressure through debt, were representatives of the US government. If their actions were exposed, it would pose a significant problem. The solution? Channel funds to private sector companies, which would then recruit and manage teams of EHMs worldwide. If these efforts went awry, they could only be traced back to these private corporations, shielding the CIA and US military from direct association.
The Impact of Economic Hitmen
Economic Consequences
Economic hitmen, as described in the article, have had significant economic consequences around the world. Three key consequences include increased wealth inequality, the impoverishment of developing nations, and dependence on foreign aid and loans.
1. Increased wealth inequality: Economic hitmen often promote policies that favor the interests of a small elite, leading to a widening wealth gap within societies. These policies may include deregulation, privatization, and trade agreements that benefit multinational corporations and the wealthy, while leaving the majority of the population with limited economic opportunities.
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2. Impoverishment of developing nations: Economic hitmen frequently target developing nations, taking advantage of their vulnerable economic conditions. They utilize various tactics, such as offering development loans with high interest rates or promoting projects that prioritize short-term gains over long-term sustainability. These practices can lead to excessive debt burdens, limited resources for social welfare programs, and hindered economic growth.
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3. Dependence on foreign aid and loans: Economic hitmen often create a cycle of dependency on foreign aid and loans within targeted countries. By intentionally keeping nations in debt, they ensure control and influence over their economic and political decisions. This reliance on external financial assistance can limit a country’s ability to pursue independent policies, make sovereign decisions, and prioritize the needs of their own citizens.
Political Consequences of EHMs
One of the major concerns that arises as a result of certain actions in the geopolitical arena is the gradual undermining of national sovereignty, which poses significant challenges for countries in asserting their authority and maintaining independent decision-making. Such a phenomenon can occur due to various factors, such as interference in internal affairs, economic coercion, or the establishment of power dynamics that overshadow the autonomy of a nation-state. This erosion of sovereignty not only weakens a country’s ability to govern and protect its interests but also diminishes its standing on the global stage, potentially leading to a loss of control over crucial aspects of national development and decision-making processes.
Another consequence that arises from certain geopolitical maneuvers is the installation of puppet governments, which entails the imposition of regimes that serve as mere puppets, beholden to external influences rather than genuinely representing the will and aspirations of their people. This manipulation of political power involves the strategic placement of leaders who prioritize external interests over the welfare and autonomy of their own citizens, compromising the authenticity and effectiveness of governance. The installation of puppet governments not only undermines the legitimacy of democratic institutions but also perpetuates a cycle of dependency and subservience, stifling the voices and agency of the population in shaping their own destiny.
Furthermore, one cannot overlook the detrimental impact of geopolitical maneuvers on the stability of various regions. These actions often disrupt the delicate balance within a given area, leading to a spiral of conflicts, tensions, and insecurity. The destabilization of regions can be a result of various factors, including the alteration of power dynamics, the manipulation of ethnic or religious divides, or the spread of extremist ideologies. Such destabilization undermines the social fabric, economic development, and overall well-being of affected regions, creating a breeding ground for violence, extremism, and the displacement of vulnerable populations. Moreover, it hampers efforts for peaceful coexistence, regional cooperation, and sustainable development, leaving lasting scars on the affected societies and impeding their progress towards prosperity and harmony.
John Perkin’s Story in A Nutshell
Back in 1968, John Perkins, the author of “Confessions of an Economic Hitman”, was oblivious to the world of EHMs. At the age of 23, Perkins, who was about to complete his Business Administration degree at Boston University, was seeking adventure and a way to avoid being drafted into the Vietnam War.
He soon discovered a solution that satisfied both desires. Instead of accepting a desk job at the National Security Agency, he opted for a more enticing opportunity: volunteering with the Peace Corps in the Ecuadorian Amazon.
Perkins fully immersed himself in his Peace Corps responsibilities and, in the process, gained knowledge about Ecuador’s people, history, and economy. During his time there, he unexpectedly encountered a man named Einar Greve, the vice president of Chas T. Main Inc. (MAIN), an international engineering consultancy. Greve was in need of someone familiar with the country, someone he could trust.
The main point here is that Perkins began his career as an EHM by working for a private consultancy.
MAIN had to convince its client, the World Bank, that it would be a wise decision to loan billions of dollars to Ecuador and its neighboring countries for the purpose of funding much-needed hydroelectric dams. Greve asked Perkins for assistance.
Over the course of the following year, Perkins regularly sent Greve reports analyzing Ecuador’s economy. When he returned to Boston in 1971, Greve offered him a position as an economic forecaster at MAIN. Over time, Perkins realized that although MAIN was an engineering company, it did not actually construct anything. Instead, it acted as an intermediary between governments and private companies. For the next decade, Perkins wrote economic reports similar to those he had written in Ecuador. His job was to make massive loans appear to be a good idea, loans that would leave countries heavily indebted and susceptible to US influence.
For instance, Perkins manipulated data to persuade Indonesia’s leaders to accept billion-dollar loans for infrastructure projects and oil extraction. As was customary, the loan terms required them to hire American contractors, such as MAIN. MAIN did not receive direct funding from the US government, but it did not need to. The loan terms ensured that the company would become wealthy.
In 1973, Perkins negotiated US access to Saudi Arabia’s oil reserves, facilitating the large-scale modernization of the country’s infrastructure in return. Throughout the years, he witnessed coups, assassinations, money laundering, and corruption, all as a result of his activities as an EHM. Eventually, his conscience caught up with him, and he resigned from MAIN in 1980. However, America’s utilization of EHMs worldwide was only just beginning.
Case Study
Lebanon
The role of Economic Hitmen (EHMs) and US foreign policy in Lebanon’s economic collapse and banking system failure is a complex issue.
Regarding the US embassy in Lebanon, it is indeed one of the largest US embassies in the world. Embassies play a crucial role in diplomatic relations and promoting the interests of their respective countries.
Lebanon’s economic crisis and the role of the US in it can be traced back to the country’s decision to take a foreign loan in USD after the 15-year long civil war. This decision had long-term implications for Lebanon’s economy and financial stability.
Taking a foreign loan in USD meant that Lebanon had to repay the loan in US dollars, which became a significant burden as the Lebanese economy heavily relies on imports and the country’s currency, the Lebanese pound (LBP), is pegged to the US dollar. This pegging system meant that the Lebanese central bank had to maintain a fixed exchange rate between the LBP and the USD, which required large reserves of US dollars.
Over the years, Lebanon accumulated a significant amount of debt, both public and private, denominated in US dollars. The country’s economy became highly dependent on external funding, including remittances from Lebanese expatriates, foreign investments, and foreign aid.
However, as Lebanon’s economic conditions worsened, the country struggled to repay its debts and maintain financial stability. Political instability, corruption, mismanagement of public funds, and economic missteps further exacerbated the crisis.
The United States played a role in Lebanon’s economic crisis through its influence on international financial institutions such as the International Monetary Fund (IMF) and the World Bank. These institutions have provided financial assistance to Lebanon in the past, but their support often came with conditions and policy recommendations that favored neoliberal economic reforms.
The US also has significant influence in the region, including political and economic ties with Lebanon. This influence has been used to advance American interests and maintain stability in the region.
Ecuador
Between the mid-2000s and 2011, Ecuador experienced a series of political changes, with eight different presidents taking office. These presidents were either overthrown or assassinated and replaced by individuals who prioritized the interests of the United States. However, in 2006, a promising presidential candidate named Rafael Correa emerged.
Correa made a commitment to regain control over Ecuador’s natural resources, which resonated with the public. He won the majority of the votes and, upon assuming office, began implementing his campaign promises. However, there was a significant obstacle: his administration inherited substantial debts that would take years to repay. In order to continue pursuing his ambitious agenda, Correa had to make difficult compromises.
The main message conveyed here is that Ecuador’s new president was compelled to make concessions due to the country’s national debts.
Correa was well aware of the challenges he faced, having read the first edition of “Confessions of an Economic Hit Man.” He had also been approached by EHMs and was prepared to resist their demands.
When the International Monetary Fund informed Correa that the only solution was to sell all the petroleum resources in the Amazon rainforest to eager oil companies, he refused to comply. Previous financing agreements, signed by Ecuador’s military dictators in the 1960s, 1970s, and 1980s, were supported by the CIA and influenced by EHMs.
However, Correa took it a step further by attempting to renegotiate national oil contracts, which stated that Ecuador did not actually own any of its oil and was only entitled to a portion of the profits. When the EHMs failed to change his stance, they attempted to remove him from power, as they had done with the previous eight presidents.
In 2010, the Ecuadorian police, likely organized by EHMs and possibly with assistance from the CIA, staged a coup. The military defended Correa, who survived and remained in office. However, he found himself in a difficult position: if he acted too aggressively, he could still be replaced with another puppet leader, leaving him with little chance of achieving his more realistic goals.
As a result, Correa’s policy decisions in the subsequent years were not as revolutionary as his campaign had led voters to believe. In 2011, he started auctioning off Ecuador’s oil-rich rainforests to appease the EHMs and repay the country’s debts.
Indigenous communities protested, and the demonstrations received sufficient media coverage to discourage any US companies from bidding on the land. The negative public relations associated with such actions outweighed any potential benefits.
2015 FIFA Corruption Scandal
The work of EHMs was made possible by the existence of “corporatocracy” – a network that connected corporations, banks, and governments. This network facilitated corruption and gradually expanded its influence globally, although it remained largely unknown to the average person. However, in 2015, a scandal involving FIFA, the international soccer governing body, shed some light on this issue.
That year, the US Justice Department charged FIFA officials with various corruption offenses, including bribery, money laundering, and fraud – all tactics commonly used by EHMs. On the surface, the guilty pleas of these officials seemed like a significant victory against corruption. However, this scandal only scratched the surface of a much larger conspiracy.
As early as 2007, major banks such as Barclays, Citigroup, JPMorgan Chase, the Royal Bank of Scotland, and UBS formed a group known as “the Cartel” with the aim of manipulating markets to increase their profits. Through secret communication channels like “The Mafia,” these bankers colluded to rig currency prices in the Forex market. In 2014, their actions were exposed, and the banks were fined billions of dollars. However, no individuals were arrested.
John Perkins questions why the FIFA scandal received more attention than the Forex scandal, despite the latter involving much larger sums of money. One possible explanation is that professional sports make for better television and are more entertaining than global currency trading. However, John suggests a different theory.
According to him, the reason the Cartel’s schemes went unnoticed for so long is that banks are part of the corporatocracy. They have the financial resources and political influence to prevent excessive regulation through lobbying and buying off elected officials. On the other hand, FIFA is not part of this network, which is why the Forex scandal received less media coverage compared to the FIFA scandal. The Forex bankers escaped punishment while FIFA officials faced public scrutiny.
Africa
Exploitation of natural resources, such as oil and minerals, in countries like Nigeria and Congo, has resulted in severe consequences for both the local population and the environment surrounding these regions. These consequences have not only impacted the livelihoods and well-being of the local communities but have also caused significant damage to the delicate ecological balance of these areas.
As these countries continue to extract and export natural resources without proper regulation and oversight, the local population bears the brunt of the negative effects. The exploitation often leads to the displacement of indigenous communities, as their lands are taken away or destroyed for the extraction activities. The local people lose access to their traditional sources of sustenance, forcing them to rely on other means of survival, often with limited success. This disruption to their way of life not only causes economic hardships but also results in the loss of their cultural heritage and traditions, which are deeply tied to the natural resources they relied upon for generations.
Moreover, the environmental consequences of this resource exploitation are equally alarming. The extraction processes often involve the use of harmful chemicals and techniques that pollute the air, soil, and water, posing significant health risks to both humans and wildlife. The release of toxic substances and pollutants into the environment can lead to long-term contamination, making these areas unfit for farming, fishing, and other essential activities. The destruction of forests and ecosystems further exacerbates these negative impacts, as biodiversity loss and habitat destruction become rampant.
Furthermore, the lack of proper waste management and infrastructure in these resource-rich countries exacerbates the environmental fallout. The waste generated from the extraction and processing of natural resources is often disposed of irresponsibly, leading to further pollution and contamination. Without adequate measures in place to treat and dispose of this waste, the local ecosystems and water bodies become repositories of harmful substances, perpetuating the damage even after the extraction operations have ceased.
Overall, the exploitation of natural resources in countries like Nigeria and Congo not only inflicts severe hardships on the local population but also takes a heavy toll on the environment. The need for sustainable and responsible resource extraction practices, along with robust regulations, is paramount to mitigate these consequences and ensure the long-term well-being of both the people and the ecosystems in these regions.
EHMs Also Work for Large Banks and Companies in The United States.
The Forex scandal represents just a fraction of the extensive influence that corporate Economic Hit Men (EHMs) have on law and order. EHMs have multiplied in number and diversity since Perkins’s era, and today, numerous major corporations in the United States employ them to accomplish their objectives.
Both domestically and internationally, EHMs have contributed to the enrichment of wealthy individuals and businesses while impoverishing the rest of the world. A 2014 report by Oxfam revealed that nearly half of the world’s wealth is owned by just 1 percent of the global population, and economic inequality has risen in 70 percent of countries over the past three decades. The United States is among these countries.
As global inequality worsens, private banks have also started hiring EHMs. Additionally, EHMs play a crucial role in advocating for tax cuts on behalf of hundred-billion-dollar corporations in Washington.
The main point to take away is that EHMs also serve large banks and companies in the United States.
Boeing, known for its aircraft manufacturing, is also a major producer of weapons and ranks among the top three defense contractors worldwide. Boeing employs a specialized group of EHMs known as “site location consultants” who exert pressure on communities to grant tax breaks and relax environmental regulations for the company. If local and state governments fail to meet their demands, Boeing threatens to relocate its business, along with thousands of jobs. These consultants are handsomely rewarded, receiving up to 30 percent of the government subsidies they secure.
Other well-known companies benefit significantly from corporate welfare facilitated by site location consultants and other types of EHMs. According to a report by the national policy center Good Jobs First, between 2000 and 2015, the US government provided subsidies of $60 million or more to 298 corporations, including Goldman Sachs and Monsanto. ExxonMobil, which earned $41 billion in profit in 2011, received $119 million in state subsidies.
Walmart stands out as a particularly striking example. Americans for Tax Fairness reported that this popular supermarket chain avoids paying billions of dollars in US taxes by storing $76 billion of its assets in 15 overseas tax havens. Such a maneuver would be nearly impossible without the assistance of EHM tactics. However, while profits have soared, wages for Walmart employees have remained low. These employees rely on $6 billion per year in subsidized healthcare, public nutrition, and housing assistance programs.
The Walton family, owners of Walmart, rank among the wealthiest individuals globally. Yet, their wealth is never enough: they still depend on EHMs to further increase their fortune at the expense of others.
Resistance and Alternatives
How To Transition from a Death Economy to a Life Economy
EHMs utilize various tactics such as threats, bribes, and deceit to maintain a global system of fear and indebtedness. This results in a predatory form of corporate capitalism referred to as a “death economy,” where individuals and nations are compelled to act out of fear or coercion.
In response to threats from EHMs, countries like Ecuador and Iran are compelled to exploit their natural resources, which harms their people and the environment.
This situation is not sustainable. Many people believe that this system benefits everyone as long as the economy is growing, but this is not true. So, what can be done?
The main message here is that in order to transition from a death economy, we need to change our mindset.
To break away from the current state of affairs, we must reconsider the fundamental principles of the death economy and prioritize a life economy.
While a death economy relies on debt and threats of war, a life economy is the opposite: it values environmental stewardship, empowers individuals to provide for themselves, promotes sustainable and renewable energy, and establishes community-focused banking systems that do not profit from generations of debt.
Instead of waiting for corporations or governments to solve the world’s problems, we can all take action and work towards creating a more equitable future.
One small step is to practice responsible shopping and investing. Our current lifestyle encourages excessive consumption, so we should aim to buy less, support local businesses, and invest in ethical organizations. Engage with these businesses through email and hold them accountable for their actions by expressing your desired changes.
Another option is to choose a cause and regularly dedicate time to it. You can work towards changing unacceptable practices in big greedy corporations, or support non-governmental organizations through your words and donations. Even better, join a movement that advocates for social, economic, or geopolitical reforms and actively participate.
In the political arena, we can combat the growing influence of lobbyists by advocating for campaign finance reform and supporting political candidates who prioritize real climate change regulations.
Lastly, take the time to educate yourself about global events and speak out against injustices.
Your Leaders Can Make A Difference, So Does You!
Numerous companies benefit from the advantages provided by EHMs. Others may be more supportive of the idea of an ethical economy.
Whether you are a business leader or an entrepreneur striving to align your company with your ethical beliefs, you have the power to take action and create positive changes.
On the other hand, if you are a concerned customer seeking to hold your favorite companies accountable, these tips can help guide your demands for fairer business practices.
Business leaders have the ability to transform the current death economy into a life economy.
Firstly, establish your goals and values and incorporate them into your mission statement and marketing initiatives. If you believe in environmental preservation and social justice for all, make it clear to your investors, executives, and employees why this is important and how it will benefit your company in the long run.
Secondly, back up your words with actions. It is not enough to simply talk about your values; you must integrate them into your actual business practices. This means sourcing raw materials from recycled or sustainable suppliers who can demonstrate their commitment to animal and environmental welfare. Ensure that every employee and stakeholder is aware of the origin of your materials.
Thirdly, avoid being driven solely by profit. Ensure that all employees receive a fair and livable wage. Structure your salary and bonus systems to ensure that compensation differences fall within a reasonable range. For example, you could implement a rule that the highest-paid employee does not earn more than three times the salary of the lowest-paid employee.
Lastly, commit to creating a diverse and inclusive environment at every level of your company. This applies to the people you hire, the suppliers you work with, and the organizations you associate with. Failing to do so may lead to a homogeneous and stagnant business environment, which is rarely a recipe for success.
Transitioning to a life economy may seem like a daunting task, but with these individual and organizational actions, it is possible. Start small and build momentum as you are joined by other like-minded individuals and organizations.
Alternative Economic Models
One area of exploration that holds significant promise is the study of alternative economic systems that prioritize sustainability and equality. As the pressing challenges of climate change and social inequality continue to weigh heavily on global society, it becomes increasingly important to identify and implement alternative methods of organizing and conducting economic activities that can contribute to a more sustainable and equitable world. By focusing on economic systems that prioritize sustainability, we can begin to address the urgent need to reduce our environmental impact and ensure the long-term health and vitality of our planet. Moreover, by prioritizing equality within these economic models, we can strive to create societies that are fair and just, where all individuals have access to resources and opportunities that enable them to thrive.
There are numerous examples of countries that have already taken steps towards implementing alternative economic models that prioritize sustainability and equality. One such example is Bhutan, a small country located in the Eastern Himalayas. Bhutan has adopted a unique economic system known as Gross National Happiness (GNH), which focuses on measuring the overall well-being and happiness of its citizens rather than solely relying on traditional economic indicators like GDP. The GNH framework includes four pillars: sustainable and equitable socio-economic development, environmental conservation, cultural preservation, and good governance. By prioritizing the well-being of its citizens and the sustainability of its environment, Bhutan has taken strides towards creating a more holistic and equitable economic system.
Another example is the Nordic countries of Scandinavia, including Sweden, Denmark, Norway, Finland, and Iceland. These countries have been recognized for their successful implementation of the Nordic Model, a socio-economic system that combines social democracy and market capitalism. The Nordic Model emphasizes equality, strong social safety nets, and high levels of public welfare. These countries have implemented policies such as universal healthcare, affordable education, and robust labor regulations, which contribute to high levels of social mobility and equality. Additionally, the Nordic Model places an emphasis on sustainability, with these countries consistently ranking high in global sustainability rankings and actively working towards reducing their carbon footprints.
In conclusion, the exploration and implementation of alternative economic systems that prioritize sustainability and equality are crucial in addressing the challenges of our time. Countries like Bhutan and the Nordic countries have already made significant progress in this regard, providing valuable examples of how alternative economic models can contribute to a more sustainable and equitable world. By studying and learning from these examples, we can work towards creating economic systems that prioritize the well-being of both people and the planet, ensuring a more just and prosperous future for all.
Final Thoughts
In conclusion, the concept of Economic Hitmen sheds light on the strategies used by powerful nations to influence global economics and politics. The exploration of alternative economic models that prioritize sustainability and equality presents a promising path forward. By studying examples like Bhutan and the Nordic countries, we can learn valuable lessons on how to create economic systems that promote the well-being of both people and the planet. However, the successful implementation of alternative economic models requires collective effort from governments, businesses, and citizens. It is crucial for all stakeholders to commit to these models, invest the necessary resources, and prioritize education and dialogue to ensure its success. This ongoing process will require continuous collaboration and effort to bring about meaningful and lasting change.
