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This paper assesses the history of psychoanalysis in the United States in order to inform a “professional memoir” of the author’s experience of analytic training in the 21st Century. The mix of historical and personal landscapes supports a contention that there is something missing or lost in American psychoanalysis, that psychoanalysis has lost sight of the radical and subversive nature of unconscious processes. I argue that only by returning to a study of rigorous and comprehensive theory, seated in Freud’s work, can this absence be addressed.