We have been hearing a lot about “the Soviet economic threat” Under Khrushchev, so we are told, “economic warfare” has become the chief mode of East-West conflict. We are fed rich doses of Soviet economic statistics, and advised that somehow-ladling out “foreign aid” is the usual prescription-we “must meet the Soviet economic challenge.”
Such talk must seem rather abstract to American businessmen. In actual business practice they seldom bump up against Soviet “threats”-i.e., competition. Not many profitable deals are lost to Soviet principals.
Comments