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 Loretta Napoleoni
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.
"Penetrating, lucid and essential." —Harry Porter, author of Empire State
"Napoleoni has accomplished an extraordinary task of research in tracking, finding, and graphically describing the financiers and the institutions supporting global terrorism, including al Qaeda and Osama bin Laden." —John K. Cooley, author of Unholy Wars
"This thoughtful and incisive inquiry yields much insight into some of the most important issues of today, and tomorrow." —Noam Chomsky
"A masterpiece … This book should be required reading for everyone in the White House, State Department, and Pentagon." —Greg Palast, author of the New York Times bestseller The Best Democracy Money Can Buy and The Jokers Wild: Dubyas Trick Deck playing cards