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It is impossible to understand modern Islamic (especially Arab) societies without taking into account the influence of Islamism as an ideology, cultural environment, mode of action, and lifestyle. Unfortunately, Islamism in many ways has remained a "phenomenon lurking behind the surface." In this article we will focus on the analysis of some political aspects of modern Islamism, showing how Islamism behaves when in opposition (where it feels more confident) and what happens when Islamists come to power in a legitimate way. We would like to show that Islamism is not something superficial, but the deepest and most comprehensive substance of Islamic societies. Therefore, it is extremely important to distinguish between radical and moderate Islamism, relying on the latter to weaken the former, since moderate Islamism can grow to be a positive and promising part of the political spectrum of Islamic countries. We believe that it is impossible to reduce the danger of radical terrorist Islamism by force alone. We can hope that this will decline if it can be divided by moderate Islamism and make the latter more respectable, open, and involved in normal political life.

THE AUTHOR DESCRIBES AND EVALUATES THE ECONOMIC POLICIES OF BRITAIN'S CONSERVATIVE PARTY, ARGUING THAT "THATCHERISM" AND ITS DEFLATIONARY STRATEGIES ARE THE CAUSE OF MUCH OF THE COUNTRY'S INCREASING UNEMPLOYMENT. THE EFFECTS OF BRITAIN'S OIL REVENUES ARE DISCUSSED AND PRIME MINISTER THATCHER'S "MONETARIST" POLICIES ARE CRITICIZED. A LABOR PARTY ALTERNATIVE IS OFFERED.

The contemporary Indian scene is exciting. Of immediate relevance to the present article are two basic aspects of the evolving situation in India. First is the fact that there is in process, for anyone to see, a deliberate effort to raise living standards. The government of independent India articulated a framework for economic expansion almost a decade ago, at about the time that President Truman dramatically injected the problems of economic development in the arena of international affairs. Since then India has been proceeding with development activity more or less within this framework.