Once it was easy to know where our money was going. Now we live under a system Loretta Napoleoni has dubbed "rogue economics," where the blurry histories of the products we consume and the cash we invest make us complicit in financing barely legal credit schemes -- and even crime, if it's the slavery producing the beans for our lattes or the guts of our mobile phones.
The reach of the newly global market, as Napoleoni argues in her new book, Rogue Economics: Capitalism's New Reality, connects us all to the dark side, regardless of our intentions to be responsible -- and, she says, our deep connection to fishy credit and unregulated finance has laid the groundwork for the current economic crisis. Her previous book, Terror Incorporated, dives into the true economic impact of terrorism.
“Napoleoni argues that the crisis won't end until the excesses of globalization -- which include growing criminal markets in sex slaves and counterfeit drugs -- are brought under control.” — Temma Ehrenfeld, Newsweek
At TEDGlobal, Loretta Napoleoni gave a fascinating talk on her exclusive opportunity to speak with members of the secretive Italian terrorist group, the Red Brigades, and the startling insight she’s gained over decades of studying the economics of terrorism. Before her talk posted, she chatted with the TEDBlog and shared a little more of her […]
Continue readingLoretta Napoleoni details her rare opportunity to talk to the secretive Italian Red Brigades — an experience that sparked a lifelong interest in terrorism. She gives a behind-the-scenes look at its complex economics, revealing a surprising connection between money laundering and the US Patriot Act. (Recorded at TEDGlobal 2009, July 2009, Oxford, England. Duration: 15:45) […]
Continue readingLoretta Napoleoni at TEDGlobal 2009, Session 8: July 23, 2009, in Oxford, UK. Credit: TED / James Duncan Davidson Macroeconomist Loretta Napoleoni is here to talk about how terrorism interacts with our daily life. Fifteen years ago she was asked if she would like to interview the Red Brigades — a terrorist organization in Italy […]
Continue reading