Wirtschaftsmacht

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Israel's account of how such a small nation was able to achieve and sustain an ascendancy in world trade for so long emphasizes the connection between Dutch commercial activity in Asia, Africa, the Americas, and the Middle East, and its penetration of nearby European markets.

Five companies dominate the U.S. petroleum industry. Five control the world-wide trade in grain. Two have a corner on the private market for drinking water. In terms of actual dollars, trade in heroin, cocaine, and tobacco ranks alongside that in grain or metals. There are more …