The Role of Economic Hitmen

Economic hitmen (EHMs) serve as covert agents of American imperialism, extending influence through economic manipulation rather than military intervention. Their primary strategy revolves around ensnaring developing nations in substantial debt, leveraging this financial burden to extract allegiance and favorable political outcomes while allowing American corporations access to vital resources. For instance, historical examples reveal how EHMs collaborated with institutions like the World Bank to craft inflated economic forecasts, persuading governments to accept loans that were more about control than development. This practice not only undermines the sovereignty of nations but also perpetuates a cycle of dependency and exploitation, reinforcing global inequalities.