Soviet Economic Warfare

Soviet Economic Warfare

Soviet Economic Warfare

Soviet Economic Warfare

Excerpt

It is extremely important that Americans understand the nature of their Soviet economic competitor.

The facts are little known. Some of them are elusive. It is as easy to over-estimate the scope and dimension of the Soviet economic threat as it is to under-estimate them.

Prof. Robert Loring Allen, after years of specialization in the subject, goes a long way in this volume to clear the air. He quite properly points out that Soviet domination of the world by economic means might be just as deadly to western freedom as nuclear war. By enabling us to understand the nature of the threat, he helps us to meet it.

But very energetic action will be necessary if the United States is to compete effectively. There is first of all the problem of economic growth itself. Presently, as far as we can compare them, the Soviet economic growth rate is about twice that of the United States. If Soviet growth is not to catch and surpass the United States, it will have to slow down -- which may very well happen -- and the United States must grow at a faster rate than in recent years. Such growth is not assured unless the United States does the things necessary to bring it about. To take the required steps, we must first know the nature of the challenge, and that is Prof. Allen's contribution.

Granting that the United States achieves a growth rate which gives it an economic base capable of competing effectively throughout the world with the Soviet Union, the next problem is how to organize our economic warfare. Americans do not want a state trading system. They will not submit their economy to the regimentary controls which are inherent in the Soviet system. They must compete in their own way. One of the best contributions to this competition is knowledge. American businessmen must have the facts on which to base their own decisions. They must know how Soviet trading operates, as they decide whether or not to do business with Moscow. Here, again, Prof. Allen helps.

One thing must be clear. The purpose of Soviet economic activity is to spread communism throughout the world. Moscow seeks to pro- mote instability instead of stability in the lesser developed parts of the world. It strives to destroy regimes, rather than to strengthen them. It seeks to demonstrate that nothing short of Communist systems can . . .

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