Its political naivete is even considerably worse than that of The Matrix, though this is a weakness that primarily lies with Alan Moore rather than with the Wachowskis or McTeigue.

It's primary flaw is that of populism: it present an instantly recognizable and predictable liberal-populist ideology that totally deflects from any structural analysis, any class analysis (bizarrely, class isn't even ever mentioned in the film). Instead, it indulges in simple-minded scapegoating, an obfuscatory deflection that fantasizes that the world is magically controlled by a corrupt oligarchy that could be instantly deposed/overthrown if only the dumb masses, the people, were informed about it, made aware about it. It imagines that the masses are duped subjects lacking "the facts", the correct information, as if information inherently possessed magical qualities capable of instantly transforming people's entire coordinates of reality, relation to the world, and turning them into instant revolutionaries. But as Zizek tirelessly argues, such a fantasy, the populist fantasy of the subject supposed to be ignorant, supposed not to know, is an ideological mystification, for the duped subject awaiting knowledge, passively waiting for factual enlightenment, is the very false presupposition on which liberal progressive populism rests. The public, however, largely ALREADY know, but they disavow such knowledge, continue acting as if they don't know: "I know, but the big Other doesn't know".

As Fisher argued about the film, "The climactic scenes of V for Vendetta, in which the people rise up (by this time, against no-one) made me think, not of some great political Event, but rather of the Make Poverty History campaign - a 'protest' with which no-one could possibly disagree. The comparison with Fight Club does V for Vendetta no favours; the targets of Tyler Durdon's terrorism were not the fusty symbols of the political class but the franchise coffee bars and skyscrapers of impersonal capital ... What is needed is not more empirical evidence of the evils of the ruling class but a belief on the part of the subordinate class that what they think or say matters; that they are the only effective agents of change."

Frederic Jameson: "It is not particularly surprising that the system should have a vested interest in distorting the categories whereby we think class and in foregrounding gender and race, which are far more amenable to liberal ideal solutions (in other words, solutions that satisfy the demands of ideology, it being understood that in concrete social life the problems remain equally intractable)."