After the death of both Deleuze and Levinas in 1995, the mantle of "greatest living philosopher" presumably went to Jacques Derrida for a while. But Derrida has always refused to be a philosopher other than in the sense of not being a philosopher (which is also being a philosopher). So his cohort and quasi-follower Jean-Luc Nancy had to take the real philosophy from Derrida back to the question underlying all post-modern thought, namely how to deal with the empty space left behind by Heidegger's deconstruction of the tradition. With this little book, Nancy himself has become "the greatest living philosopher" - that is to say he has done to Hegel what Heidegger did to Nietzsche in the 1930s and 1940s: presented him as the key thinker of the break of modernity, and, unnoticeably perhaps, stepped beyond him. This book is indeed a marvel - one gets slightly dizzy reading it. Its intensity is at times (no: always) well-nigh unbearable. Nancy, like Heidegger with Nietzsche, takes a drill to the concepts of Hegel and allows them to shine in ways hitherto unthought(see the editorial review above, no need to repeat the details). In the end, this is the overturning of the boring old French Hegel of Kojeve and Hyppolite and the most exciting discovery in philosophical reading of another in sixty some years. I had always thought of Hegel as the great synthesizer. But Nancy's Hegel "returns" Hegel to pre-Socratic instability and shaky difference, where the restless thought-in-process constitutes the sense of the world, and philosophy is as alive as it ever was. A friend of mine says that Nancy reminds him of the color of the LED on alarm clocks: well, he's right, 'cause Jean-Luc Nancy is very much a phenomenon of a new morning. The owl is disoriented but it is all a marvel. Yes, I guess that is what you could say.