In this incisive, acerbic work, Alain Badiou looks beyond the petty vulgarity of the French president to decipher the true significance of what he represents—a reactionary tradition that goes back more than a hundred years. To escape the malaise that has enveloped the Left since Sarkozy’s election, Badiou casts aside the slavish worship of electoral democracy and maps out a communist hypothesis that lays the basis for an emancipatory politics of the twenty-first century.