Two new books are out that work off of classic 20th century texts in political theology, but with an eye to current situations of popular sovereignty-- Eric Santner's The Royal Remains: The Peoples' Two Bodies and the Endgame of Sovereignty and Paul Kahn's Political Theology: Four New Chapters on the Concept of Sovereignty. From their descriptions, Santner's book seems to take a broader look at modern democracy and trace a political theology back to earlier theories of kingship, while Kahn's book looks more specifically at the American landscape and revisits Schmitt's theory under different terms of sovereignty. I haven't read either, but do know a bit of Santner's work; I took a seminar on Carl Schmitt with him this past winter.
A few reviews have popped up for either book already. Someone really needs to write a review essay taking both of them into account alongside one another.
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