To understand the complex developments in the Caribbean Basin and the U.S. response to them, one needs an image, an interpretive framework. A review of the current literature suggests two clear and coherent images: the security thesis, best articulated by the Reagan administration, views the crisis in the region as orchestrated by the Soviet Union, and the U.S. as playing a beneficial role historically and currently; and the neodependency antithesis, more prevalent in the literature, views the U.S. as the major historical and contemporary problem for the region. Scholars, questioning assumptions that underlie the two theses, have contributed insights on the impact of local actors and middle powers on U.S. policy. A new “interactive perspective” is constructed from these insights; it differs from both the other images in viewing the region as composed of actors, not passive objects. Though U.S. power is disproportionate, local actors have other means of leverage, which makes their actions crucial in understanding the patterns and possibilities of U.S. policy.