In the last decade, F. W. J. von Schelling has emerged as one of the key philosophers of German Idealism, the one who, for the first time, undermined Kant's philosophical revolution and in so doing opened up the way for a viable critique of Hegel. In noted philosopher Slavoj Zizek's view, the main orientations of the post-Hegelian thought, from Kierkegaard and Marx, to Heidegger and today's deconstructionism, were prefigured in Schelling's analysis of Hegel's idealism, and in his affirmation that the contingency of existence cannot be reduced to notional self-mediation. In The Abyss of Freedom, Zizek attempts to advance Schelling's stature even further, with a commentary of the second draft of Schelling's work The Ages of the World, written in 1813.

Zizek argues that Schelling's most profound thoughts are found in the series of three consecutive attempts he made to formulate the "ages of the world/Weltalter," the stages of the self-development of the Absolute. Of the three versions, claims Zizek, it is the second that is the most eloquent and definitive encompassing of Schelling's lyrical thought. It centers on the problem of how the Absolute (God) himself, in order to become actual, to exist effectively, has to accomplish a radically contingent move of acquiring material, bodily existence. Never before available in English, this version finally renders accessible one of the key texts of modern philosophy, a text that is widely debated in philosophical circles today.

The Abyss of Freedom is Zizek's own reading of Schelling based upon Lacanian psychoanalytic theory. It focuses on the notion that Lacan's theory--which claims that the symbolic universe emerged from presymbolic drives--is prefigured in Schelling's idea of logos as given birth to from the vortex of primordial drives, or from what "in God is not yet God." For Zizek, this connection is monumental, showing that Schelling's ideas forcefully presage the post-modern "deconstruction" of logocentrism.