Islamism and Globalisation: Unpacking the Dialectics of Ideology and Socio-economic Change in the Middle East

The ascension of Islamism in the Middle East is an articulation of the profound and far-reaching transformations transpiring within the political and cultural spheres. As a construct, Islamism is at the center of the public discourse regarding the interplay between Islam, Muslims and power. Despite disparities among Islamists in their perceptions of extremism, political participation and societal engagement, they hold in common several fundamental ideological tenets. Notwithstanding the enigmatic nature of these tenets, the diversity among Islamists in the extent to which they materialize these principles into action is profound. It is imperative to contextualize Islamism within the historical, social and economic contexts that have exerted an impact on its ideology and practices. In this regard, it is particularly important to situate contemporary Islamism within the context of globalization. The primary objective of this paper is to situate the emergence of Islamism within the framework of political economy and underscore the dialectical relationship between Islamist convictions and socio-economic transformations. The paper argues that by leveraging economic opportunities, Islamism has created alternative methods of existence. Islamism is seen as a confluence of organizations and endeavors that advocate for the diffusion of Islamic principles. Nonetheless, it has identified a battleground in the marketplace, where it can pursue a counter-hegemonic conflict with the dominant narrative of the establishment.