Author: ‘Corporatocracy’ Responsible For Economic Mess

John Perkins, a New York Times best-selling author who’s speaking in DFW today and tomorrow, blames the current economy on corporations and the U.S. government–he calls it the “corporatocracy”–which conspired to drive us all into unsustainable debt in order to reap maximum profits. Now, he contends, the same players are swooping in to buy up assets like banks and real estate on the cheap, while average Joes and Janes get left holding the bag. His solution to this mess? A “sustainability revolution” spearheaded by a truly democratic marketplace. Perkins, who wrote Confessions of An Economic Hit Man, appears at the Barnes & Noble at Park and Preston Road tonight at 7, then at the University of Texas Dallas tomorrow evening at 7. I was going to advise bringing your tinfoil hats, but his theories actually sort of make sense.