Division is the heritage of the Caribbean. The separateness of the islands in the archipelago that curves for a thousand miles from the tip of Florida to the mouth of the Orinoco is reflected in the fact that they have no common name. Each island shares with the others the same startling beauty of sun-drenched mountains and peacock seas; each has the same social configuration resulting from the same techniques of production, the intensive cultivation of one crop, and slavery. Yet the keynote is contrast, the dominant theme competition. One reason for this is that the archipelago extends over a great distance; if Port of Spain were to be placed where Savannah is, San Juan would fall on Indianapolis and Havana in northeastern Wyoming. But history, not geography, supplies the chief reason, for even those islands which lie within easy reach of each other turn their faces toward Europe and their backs on their neighbors. The rivalries of Western Europe broke the region into segments, each tightly integrated into the trading system of the metropolitan power, sealed off in an almost watertight compartment and stocked with people brought together from Europe, a score of West African kingdoms and the central provinces of India. Nowhere else in the New World is there so sharp a juxtaposition of different races, languages, religions-different legal, educational and political systems.
Division is the heritage of the Caribbean. The separateness of the islands in the archipelago that curves for a thousand miles from the tip of Florida to the mouth of the Orinoco is reflected in the fact that they have no common name. Each island shares with the others the same startling beauty of sun-drenched mountains and peacock seas; each has the same social configuration resulting from the same techniques of production, the intensive cultivation of one crop, and slavery. Yet the keynote is contrast, the dominant theme competition. One reason for this is that the archipelago extends over a great distance; if Port of Spain were to be placed where Savannah is, San Juan would fall on Indianapolis and Havana in northeastern Wyoming. But history, not geography, supplies the chief reason, for even those islands which lie within easy reach of each other turn their faces toward Europe and their backs on their neighbors. The rivalries of Western Europe broke the region into segments, each tightly integrated into the trading system of the metropolitan power, sealed off in an almost watertight compartment and stocked with people brought together from Europe, a score of West African kingdoms and the central provinces of India. Nowhere else in the New World is there so sharp a juxtaposition of different races, languages, religions-different legal, educational and political systems.
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Various socio-economic trends in the under-industrialized southern hemisphere reflect a sense of material and unfair disadvantage in the way the world is run, which spells long-term political trouble, possibly world war, if the wealthier nations fail to take constructive action.
In my frequent visits to the United States these days, I am asked most insistently two questions about Europe: "What will happen in 1992?" and "Can a united European market work?" Many Americans are either skeptical about the future of Europe or nervous about it. Some predict that when put to the test a united Europe will quickly splinter under national and local political pressures. Others fear that Europeans will drop their internal trade barriers only to erect a higher new external wall, creating a kind of "Fortress Europe."
America's economy is in its eighth year of sustained growth, transcending the German and Japanese "miracles." This is no fluke. America's unique brand of entrepreneurial capitalism is based on a series of advantages that explain the stunning success of the 1990s and provide the basis for extending this winning streak. These strengths include deft managers, technological innovation, and a culture that values rugged individualism -- all fueled by finance capital that can nimbly meet the needs of a globalized, rapidly changing economy. Furthermore, the era of the deficit is over. Pessimists who warn of inflation should be ignored; American business leaders understand that today's low level of inflation is self-perpetuating. America's prosperity is structural, not transient, and its lead over Europe and Asia will only widen with time. America had the twentieth century. It will also have the twenty-first.

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