DEVELOPING COUNTRIES L.':) with the world socialist system—the sooner, more easily and more effectively will they be able to overcome all these difficulties. The trend and character of economic development in the new sovereign states are currently the main theme of the bourgeois theories of international division of labour. Industrial development is now taking place, to a greater or lesser extent, in mo^t of tlie economically underdeveloped countries, and, viewed objectively, tins process is essentially anti-imperialist and anti-colonialist. The urgency of the issue is determined also by the fact that it is closely linked with the trends of social development in the newly liberated countries. The very fact, of course, that ^c veral scoies of countries ha\c thrown off the colonialist yoke and are fighting—more or less consi^ensly to achieve a national renascence and to end their age-long backwardness — has brought about some new developments in tlie capitalist world econoirn , international division of labour and international trade. One such de\c1op-ment, for instance, has been the growing import of capital goods into the-e countries. NevertLeLs it is abundantly clear that while capitalist relating, Ntill prevailing in most of the countries continue to exist, these (han^cs ^ annot bring about a radical transformation of the international division of labour pattern that is typi( al of the capitalist economy. So long as the (apitalist system prevails it will be impossible to achieve genuine economic independence and smash the old s\stem of international division of labour based on exploitation. Path of Socialist Industrialisation It should be emphasized that industrialization as such, while definitely a positive factor, is not enough to solve all the problems that the newly liberated countries have to face. The icactionary bourgeois circles In the^e countries (especially the big bourgeoisie, wherever it exists) arc trying to steer their economic development into the channel of capitalist industrialization. Development along such lines would also constitute the least threat to the imperialist states. The press that reflects the interests of these circles (Eastern Economist is an example) frequently refers tojapan and Canada as instances of countries that have become highly industrialized under tlie capitalist system. This line of development, however, cannot bring about rapid economic progress and political and economic independence from the leading powers (Canada being a good example), nor can it deal effectively with poverty and social inequality. Moreover, this kind of industrialization is actually impossible in the several developing count lies where a national bourgeoisie is non-existent. In this second half of the twentieth century, when a world socialist sysiem i.s expanding and growing ever stronger, the people of the newly liberated countries have no desire to follow tlie capitalist way and experience all the calamities and contradk lions of capitalist industrialization. Onh ^oeiali^ni < an a^ure a lapici advancement of their e( onomy and