Terror Incorporated: Tracing the Dollars Behind the Terror Networks - Softcover

Napoleoni, Loretta

Softcover

ISBN 10: 1583226737 ISBN 13: 9781583226735

Publisher: Seven Stories Press, 2005

Synopsis

In Terror Incorporated, Loretta Napoleoni maps out the arteries of an international economic system that feeds armed groups the world over. Chasing terror money, she takes the reader from CIA headquarters to the smuggling routes of the Far East, from the back rooms of Wall Street to hawala exchanges in the Middle East.
Napoleoni describes the "New Economy of Terror," "a fast-growing international economic system with a turnover of about $1.5 trillion [that] is challenging Western hegemony." It is made up of illegal businesses such as arms and narcotics trading, and oil and diamond smuggling, as well as charitable donations and legal profits. Napoleoni reveals the interdependency between economies run by armed groups and western economies, and provides a pioneering examination of the system and methods by which international terrorism is financed.

About this title

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, LORETTA NAPOLEONI was born in 1955 in Rome. In the mid 1970s she became an active member of the feminist movement in Italy, and later studied as a Fulbright Scholar at Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies in Washington, D.C. She began her career as an economist, and went on to work as London correspondent and columnist for La Stampa, La Repubblica and La Paîs. Napoleoni is the author of the international bestsellers Rogue Economics: Capitalism’s New Reality and Terror Incorporated: Tracing the Money Behind Global Terrorism. She has served as the Chairman of the countering terrorism financing group for the Club de Madrid, and lectures regularly around the world on economics, money laundering and terrorism. Napoleoni lives in London and Montana. 

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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Edition details

• Publisher: Seven Stories Press
• Publication date: 2005
• ISBN 10: 1583226737
• ISBN 13: 9781583226735
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 352