Third World Struggle Against Hegemony in the Economic Sphere*

The two superpowers have become more and more relentless in exploiting and plundering the Third World. They have intensified their rivalry for sources of raw materials, overseas markets, and spheres of influence and their moves to shift the burden of their crisis onto others at a time when the capitalist world is in the throes of its most severe postwar economic crisis. One of the usual practices of imperialism, especially the superpowers, in trade is to mercilessly exploit the Third World countries by exchange of unequal values through buying cheap and selling dear. Dumping commodities by boosting exports and restricting imports is another way the superpowers exploit the Third World countries. The oil struggle gives a new impetus to the Third World's struggle in the economic sphere. From the victories in this struggle, the Third World countries see the light of their hopes.