The charismatic and contentious Zizek (The Sublime Object of Ideology
) turns his versatile intelligence and acute ear for irony to a critique of contemporary capitalism. Given the recent financial crisis, Zizek argues that it is now “impossible to ignore the blatant irrationality of global capitalism.” He sifts through recent history to reveal how capitalist ideology functions to defend the system against any serious critique, despite its manifest flaws. He draws a sharp line between liberalism and the radical left, showing how the socialization of the banks—and socialism itself—is actually aligned with the preservation of capitalism rather than inimical to it, and derides “socially responsible” ecocapitalism as another avatar of a bankrupt system. Zizek concludes with a new articulation of “The Communist Hypothesis,” setting socialism and communism as antagonists and presenting a utopian vision that relies on breaking out of the structures and strictures of statism and the markets. An earnest and timely challenge, Zizek's critique of capitalism and repositioning of communist thought is both insightful and well-reasoned, and guaranteed to rile readers across the political and theoretical spectrum. (Nov.)
