From Publishers Weekly
Published two years ago as Modern Jihad
in a British edition from Pluto Press, this first full U.S. release adds a chapter on globalization and a new preface to what is perhaps the most systematic treatment in print of how terror is financed. Journalist Napoleoni has a doctorate from the London School of Economics, and she traces 50 years of Western economic and political dominance in developing Muslim countries: backing repressive, corrupt regimes, fighting the Cold War by proxy and blocking the legitimate economic ascendancy of millions of people. In sometimes riveting, sometimes pedantic prose, Napoleoni weaves interviews and first-person accounts of her encounters with terrorists with a fascinating close analysis of the connections among drug cartels, gunrunners and major Western economies in the network of financing for terror organizations: "billions of dollars generated by narcotics are laundered in the United States; between 30 and 40 percent enter the US economy, while the rest is pumped into the international illegal economy"—to the tune of $1.5 trillion a year. Avoiding the sometimes inflammatory political and religious rhetoric that characterizes many of the debates about terrorism, Napoleoni offers a sobering look at its economic roots. Agents, Roberta Oliva and Daniela Ogliari.(Apr. 20)
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About the Author
A woman of the Left who garners praise from Noam Chomsky and Greg Palast at the same time as she is quoted respectfully in Forbes
and the Wall Street Journal
, economist LORETTA NAPOLEONI has been an advisor to national governments while being one of the harshest of critics of the underlying principles and policies of the current world banking system. Napoleoni’s books, including Rogue Economics: Capitalism's New Reality
(a Publishers Weekly
Best Book of 2008) and Terror Incorporated: Tracing the Money Behind Global Terrorism
, have been international bestsellers and are translated into eighteen foreign languages. A longtime activist, a former Fulbright Scholar at Johns Hopkins’ Paul H. Nitze School, a Rotary Scholar at the London School of Economics, and chair of the Club de Madrid countering terrorism financing group, Napoleoni has traveled widely in the Middle East and around the world. Her essays and columns have appeared in the Chicago Tribune
, La Stampa
, La Repubblica
, El País
, and Le Monde
. Her most recent book is Maonomics: How Chinese Communists Make Better Capitalists Than We Do.