The philosopher discusses the momentous changes taking place in the global financial and political system.

From the Middle East to the streets of London and cities across the US there is a discontent with the status quo. Whether it is with the iron grip of entrenched governments or the widening economic divide between the rich and those struggling to get by. But where are those so hungry for change heading? How profound is their long-term vision to transform society?

Slovenian-born philosopher Slavoj Zizek, whose critical examination of both capitalism and socialism has made him an internationally recognised intellectual, speaks to Al Jazeera’s Tom Ackerman about the momentous changes taking place in the global financial and political system.

In his distinct and colourful manner, he analyses the Arab Spring, the eurozone crisis, the “Occupy Wall Street” movement and the rise of China. Concerned about the future of the existing western democratic capitalism Zizek believes that the current “system has lost its self-evidence, its automatic legitimacy, and now the field is open.”

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