60 min. from Mon Nov 30 00:00:00 CST 2009 Show - John Perkins, economist and New York Times bestselling author, joins ZOOM'D to explore his just-released book Hoodwinked--An Economic Hit Man Reveals Why the Financial Markets IMPLODED--and What We Need to Do to Remake Them. Perkins pulls back the curtain on the real cause of the current global financial meltdown, showing how we've been hoodwinked by the CEOs who run the corporatocracy (those few corporations that control 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. Yet there is a way out--and that's what the conversation will pursue.