“Politicians are the great illusionists… the reason why they are illusionists is because politics has lost control of the economy. Politicians create the basic economic condition for the individual and THE corporation to grow economically, to become rich. But to hide this transformation, to hide the true nature of the state — which has now become a market-state — they project illusions. This is the key problem: that we, the people, are on the receiving end of these illusions and often we don’t know what is real and what is not.”
THE ISLAMIST PHOENIX
The rise to prominence of the Islamic State (IS)—now dominating Middle Eastern politics—is explained in revealing detail by economist and bestselling author Loretta Napoleoni. The Islamist Phoenix: Islamic State and the Redrawing of the Middle East (Seven Stories Press, 11/2/14 E-book; 12/2/14 paperback original) illuminates the singularity and modernity of IS and describes its strength and its appeal in an increasingly destabilized Middle East. It is a mistake to compare IS to other jihadist groups such as the Taliban or al Qaeda, which aren’t interested in contemporary nation building, says Napoleoni. In her introduction she writes, “While the world of the Taliban was limited to Koranic schools and knowledge based upon the scripts of the Prophet, globalization and modern technology have been the cradle of the Islamic State.”* Napoleoni traces the beginnings of IS to the war on terror, its evolving relationship with al-Qaeda, and its current status as the first official Caliphate in over a century. And she details how modernity, pragmatism, and establishing strongholds in financially strategic regions—something no previous Middle East armed organization has been able to do—are the basis for IS’s enormous successes. With brilliant insight and straightforward prose, Napoleoni brings the newest form of shell-state government to light, and shows us how dangerous it would be to underestimate it.
“The IS doesn’t want to destroy. They want to build the 21st-century version of the Caliphate. And that’s what makes them so dangerous,” Napoleoni says
Why Chinese Communists Make Better Capitalists Than We Do
Seven Stories Press, Forthcoming October 2011
Buy this book!
The end of the cold war was thought to signal the triumph of Western capitalism over Communism. In
Maonomics: Why Chinese Communists Make Better Capitalists than We Do, Economist and best-selling author Loretta Napoleoni argues just the opposite: what we are witnessing instead is the beginning of the collapse of capitalism and the victory of “communism with a profit motive.”
Maonomics charts the prodigious ascent of the Chinese economic miracle and the parallel course of the West’s ongoing insistence on misconstruing China and its economy even as we acknowledge its growing influence and importance. Here Loretta Napoleoni offers a front row seat on the greatest show on earth: the peaceful economic revolution that is shifting the balance of power in the world from West to East.
10 YEARS THAT SHOOK THE WORLD
A Timeline of Events from 2001
Seven Stories Press, 2011 eBook Exclusive – Buy this book! Internationally best-selling author and economist Loretta Napoleoni delivers a 100-page book that offers readers an insightful overview of the events that have shaped the past decade. Beyond terrorism, 10 Years That Shook the World covers issues as diverse as financial policy, advances in science and technology, new economic policies, propaganda, environmental issues, the revolutionary powers of social media, and more.
Napoleoni presents events not in a strict chronology but more as we might remember them, often with the most significant events recalled first. Thus the main topics cross over constantly, showing how they are all interlinked and how globalization is speeding up the pace of change in our world. Told in short, twitter-like bursts of information, each chapter triggers readers’ personal memories of those years and allows them to trace patterns throughout the decade.
TERRORISM AND THE ECONOMY
How the War on Terror is Bankrupting the World
Seven Stories Press, 2010 Buy this book! 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.
Capitalism’s New Reality
Seven Stories Press, 2008 Buy this book! Respected economist and syndicated journalist Loretta Napoleoni shows how he world is being reshaped by dark economic forces creating victims out of millions of ordinary people whose lives have become trapped inside a fantasy world of consumerism.The world has become overrun by organizations, both private and public, which have accumulated vast fortunes and enormous political influence by regulating, containing, and manipulating the market to their own advantage. From Eastern Europe’s booming sex trade industry to China’s “online sweatshops,” from al-Qaeda’s underwriters to America’s subprime mortgage lending scandal, Rogue Economics exposes the paradoxical economic connections of the new global marketplace.
Al-Zarqawi and the New Generation
Loretta Napoleoni, Seven Stories Press 2005 Buy this book! An unparalleled look into the Iraqi insurgency and the multitude of forces that continue to shape it, Insurgent Iraq: Al-Zarqawi and the New Generation presents a chilling account of the regrouping of terror networks, and the development of an Iraqi resistance since the invasion by coalition forces over two years ago. One of the world’s leading specialists on terrorism, economist Loretta Napoleoni is uniquely qualified to make sense of the ways in which terror networks do and do not operate in Iraq, and what role they play in the Iraqi resistance.Is the insurgency in Iraq a counter-Crusade, a national liberation movement, or a civil war? With a complex understanding of all the intricacies inherent in such a question, Napoleoni provides a mindful discussion, offering a much-needed understanding of how the US occupation of Iraq has catalyzed the cultural, religious, and political divides within the country to create a wholly changed, more volatile landscape. Composed of independent Iraqi Jihadist groups, Islamo-Nationalist and Ba’ath party resistance, ethnic infighting between Sunni, Shi’ite and Kurd, and foreign suicide bombers, the resistance is a divided yet maintains one demand: the end of US occupation. Overall, Napoleoni offers a break-down of the current political landscape in Iraq, and a renovated al Queda. Insurgent Iraq is a necessary read for anyone concerned with the future of Iraq, or seeking greater insight into the U.S.’s critical role in the Middle East.
Tracing the Dollars Behind the Terror Networks
Seven Stories Press, 2005 Buy this book! 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: “As in the Crusades, religion is simply a recruitment tool; the real driving force is economics.”