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...They favor redistribution of income, nationalization of foreign trade and land reform. "We please the middle and lower classes," said President Seyed Ali Khamene'i, 44, last summer, "and let big landlords, big factory owners and the wealthy seethe in discontent." Opposing them are the ultrarightist clerics who insist that the Koran unequivocally condemns such socialistic practices. The Prophet Muhammad, they point out, was once a merchant, who said, "The merchant is among God's favorites." The leftists were rebuffed 16 months ago when the social reform bills they proposed were vetoed by the Guardian Council. But last...

Author: /time Magazine | Title: A Fever Bordering on Hysteria | 3/12/1984 | See Source »

...runs. Ever since Lenin dissolved the freely elected Constituent Assembly in 1918, the U.S.S.R. has been ruled through interlocking hierarchies: the nonelected Communist Party Politburo and Central Committee, and the 1,500-member Supreme Soviet, which meets in full session only about 48 hours a year. Still, the Soviets insist on going through the motions of an election for this nominal parliament, if only to pay homage to the trappings of democracy. If it were not for the fact that there is practically no freedom of choice, the Soviet electoral process would look almost normal...

Author: /time Magazine | Title: Soviet Union: One Party, One Vote | 3/12/1984 | See Source »

...Gulf acquisition by another major oil company would present some antitrust problems, but legal experts do not believe that the Reagan Administration would object. If either Arco or Socal buys Gulf, however, the Government might insist on the sale of some refineries and gas stations to preserve competition...

Author: /time Magazine | Title: Frantically Shopping for Suitors | 3/12/1984 | See Source »

After nearly a decade of research, the effects of acid rain on the lakes and forests of the Northeast are still not clear. The Canadian Government and environmentalists in this country insist that acid rain is killing millions of fish and trees. American electric utilities and coal producers dispute this conclusion. And for two years, the Reagan Administration equivocated, claiming that not enough research had been done to take a position. Last June, though, two reports on acid rain from two prestigious sources changed the whole complexion of the conflict...

Author: By Daniel P. Oran, | Title: An Acid Reign | 3/8/1984 | See Source »

Unfortunately, the business cycle has no respect for the political cycle. If Congress and the White House insist on avoiding until 1985 the difficult measures needed to control the deficit, the chance to keep the recovery going and assure the future health of the U.S. economy may slip irretrievably away. -By Charles P. Alexander. Reported by David Beckwith, Gisela Bolte and Neil MacNeil/Washington

Author: /time Magazine | Title: That Monster Deficit | 3/5/1984 | See Source »

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