ABSTRACT

Inadequacy in the economic strength is the Achilles' heel of Soviet social-imperialism in its cutthroat rivalry with US imperialism for world hegemony. Grain shortage has been a chronic illness of the Soviet Union, Eight out of the thirteen years since Brezhnev's assumption of power have seen agricultural shortfalls. The Soviet Union is low in funds because of militarization of the national economy. Huge military expenditures have consumed much of the country's resources, and this gives one the impression of a beggar dressing up as a "military giant." The US press pointed out that Western countries are helping the Soviet Union and some countries in Eastern Europe to revive their economies and expand their already bloated war machines by offering them huge loans with low interest.