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production. That is why the United States, while negotiating for nuclear arms reduction, continues to push forward the adventurous "Star Wars" program, which is said to cost thousands of billions of dollars. It can never free itself from the heavy burden of its ever-growing military expenditure, and its budget deficit and foreign debts will increase further. In the long run, this will lead its economy into a bottomless mire. The most effective way for the imperialists to overcome their political and economic crises is to abolish the outdated international economic order of exploiting and plundering the developing nations in a neocolonial way and establish a new, equitable one so that these countries can make economic and technological progress. It is only when the economies of the developing nations in Asia, Africa and Latin America, where there are enormous natural and manpower resources, develop that the problem of markets for the developed capitalist countries can be solved. In this way alone will the developed capitalist nations survive. However, the imperialists are taking the path of self- destruction by clinging to their neocolonial exploitation and plunder because of their exploiting nature, instead of accept- ing the developing nations' demand for a new international economic order. The contradictions and antagonism between the imperial- ist powers will be further exacerbated in the future. Though the imperialist powers are now collaborating with each other in an attempt to maintain their position of monopoly, there is no doubt that their interests will conflict with each other and that the contradictions between them will become aggravated as their markets grow narrower and the way to the growth of capital and of making money reaches a dead end. It is only 8