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Not usually considered a trauma theorist, D.W. Winnicott helps to explain how trauma, an intensely personal experience, can be understood as a social and political phenomenon as well. A Winnicottian perspective on trauma is contrasted with that of Cathy Caruth, who also sees trauma as a political and historical event, but whose account of trauma lacks Winnicott's inwardness and depth. Why this is a failing in her account is considered.