You wouldn’t think that a Marxist Lacanian psychoanalyst best known for his interpretations of Alfred Hitchcock movies would have anything of interest to say about the current financial crisis. Well, you’d be wrong. Zizek actually makes some good points here.
I particularly like the ending:
“This is why Obama was right to reject McCain’s call to postpone the first presidential debate and to point out that the meltdown makes a political debate about how the two candidates would handle the crisis all the more urgent. In the 2000 election, Clinton won with the motto ‘It’s the economy, stupid!’ The Democrats need to get a new message across: ‘It’s the POLITICAL economy, stupid!’ The US doesn’t need less politics, it needs more.”
It’s the political economy, stupid – that’s a slogan I can live with.