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Confessions of an Economic Hit Man, 3rd Edition, 3rd Edition
book

Confessions of an Economic Hit Man, 3rd Edition, 3rd Edition

by John Perkins
February 2023
Intermediate to advanced content levelIntermediate to advanced
384 pages
9h 54m
English
Berrett-Koehler Publishers
Content preview from Confessions of an Economic Hit Man, 3rd Edition, 3rd Edition

APPENDIX

Death versus Life Economy

There is a major difference between capitalism and what many economists refer to as “predatory capitalism,” a deviant that has little in common with the original. According to Merriam-Webster, capitalism is

An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.1

The Oxford Dictionary defines it as

An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.2

Today’s death economy is a far cry from either of these definitions. ...

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Publisher Resources

ISBN: 9781523001910