When this book first appeared, it opened a new and innovative perspective on Hawaii's history and contemporary dilemmas. Now, several decades later, its themes of dependency, mis­development, and elitism dominate Hawaii's economic evolution more than ever. The author updates his study with an overview of the Japanese investment spree of the late 1980s, the impact of national economic restructuring on the tourism industry in Hawaii, the continuing crises of local politics, and the Hawaiian sovereignty movement as a potential source of renewal.