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The end of the Cold War was thought to signal the triumph of
Western Capitalism over Communism. This title argues just the
opposite: Capitalism is collapsing and instead 'communism with a
profit motive' will prevail.
From 9/11 to the launch of the iPod, from the creation of "Gmail:
to the 2004 tsunami, from the Enron Bankruptcy to the killing of
Osama bin Laden, "10 Years That Shook the World" is the story of an
extraordinary decade. For each year, Loretta Napoleoni presents
events not as a chronology bus as dispatches from the world's
collective memory. Topics like politics, economics, celebrities,
and the environment intersect and converge to reveal the
accelerating pace of globalization and the changes that have
affected us all.
Economist Napoleoni argues that the world is undergoing rapid and
unexpected transformations fueled by what she calls rogue
economics. From Eastern Europe's booming sex trade industry to
China's "online sweatshops," this work exposes the paradoxical
economic connections of the new global marketplace.
Every day, a powerful and sophisticated underground business
delivers thousands of refugees along the Mediterranean coasts of
Europe. A new breed of criminals, risen from the post-9/11
political chaos and the fi asco of the Arab Spring, coupled with
the destabilization of Syria and Iraq and the rise of ISIS,
controls it. The ever-increasing political volatility has offered
them new business opportunities, from trafficking millions of
refugees to selling Western hostages to jihadist groups. The
kidnapping industry in the Middle East is now worth hundreds of
billions of dollars annually. Loretta Napoleoni's exclusive and
meticulous research into the business of kidnap and ransom, and its
link to terrorist activity, is based on first-hand accounts - from
interviews with hostage negotiators to the experiences of former
hostages themselves. Merchants of Men is a fascinating and
eye-opening exploration of this most shocking of financial
interdependencies.
What do Eastern Europe's booming sex trade, America's subprime
mortgage lending scandal, China's fake goods industry, and
celebrity philanthropy in Africa have in common? With biopirates
trolling the blood industry, fish-farming bandits ravaging the high
seas, pornography developing virtually in Second Life, and games
like World of Warcraft spawning online sweatshops, how are rogue
industries transmuting into global empires? And will the entire
system be transformed by the advent of sharia economics? With the
precision of an economist and the narrative deftness of a
storyteller, syndicated journalist Loretta Napoleoni examines how
the 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. Napoleoni reveals
the architecture of our world, and in doing so provides fresh
insight into many of the most insoluble problems of our era.
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, 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. Maonomics is a
warning call whereby Western governments can avoid economic
collapse by learning how to understand more clearly what the
lessons of the Chinese economy really are. Based on first-hand
reporting from China during frequent visits in the last several
years, Maonomics lends credence to the Chinese view and translates
it for Western readers. For example, the Chinese too are attached
to their vision of democracy, but it is different from ours. It
isn't focused as much on voting as it is economic opportunity and
the fair distribution of wealth and prosperity. Napoleoni also
separates failed Leninist political ideology from true Marxist
theory, showing that Marx's writings do not reject profit so long
as it is used to benefit the people. Marx's dictatorship of the
proletariat is being realized in China, she argues, where giant
steps forward are being made in the name of progress and the
wellbeing and prosperity of the Chinese people. Looking at the
Chinese economy up close, any economist would be hard pressed to
say that they are not on the right track. 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.
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