Why the left failed to make a drama out of the crisis:

Slavoj Žižek’s latest work explores why the near-collapse of capitalism generated so little response from the left, and asks how we might rescue, or remake, radical politics.
by Guy Rundle

What positive content there is seems to rely heavily on the Negri/Hardt – and more Hardt than Negri – notions of the common, as neither public nor private. That’s useful in analysing the process of increasingly abstract enclosures – of given genetic material, language, etc – into intellectual property regimes, but it also simply and unreflectively replicates the US humanities post-doctoral world – a realm of open source, cultural flows and radical personal equality sustained by invisible old property: the massive endowments of the Ivy League.

http://www.spiked-online.com/index.php/site/reviewofbooks_article/7761/