Terrorism and the Economy

Terrorism and the Economy Cover

Terrorism and the Economy

How the War on Terror Is Bankrupting the World

By Loretta Napoleoni

Seven Stories Press, Paperback, 9781583228951, 170pp.

Publication Date: April 6, 2010

Description
Economist and best-selling author Loretta Napoleoni traces the link between the finances of the war on terror and the global economic crisis, finding connections from Dubai to London to Las Vegas that politicians and the media have at best ignored. In launching military and propaganda wars in the Middle East, America overlooked the war of economic independence waged by Al-Qaeda. The Patriot Act boosted the black market economy, and the war on terror prompted a rise in oil prices that led to food riots and distracted governments from the trillion-dollar machinations of Wall Street. Consumers and taxpayers, spurred by propaganda fears, were lured into crushing global debt. Napoleoni shows that if we do not face up to the many serious connections between our response to 9/11 and the financial crisis, we will never work our way out of the looming global recession that now threatens our way of life.
While we feared that Al-Qaeda might destroy our world, Wall Street ripped it apart.


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 PaIs." 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.