This article is a revised and expanded version of the talk given by Johann Baptist Metz after being awarded the Salzburg University Week Theology Prize (2007). It offers a picture of the new political theology, of how he seeks to describe and construe a theology “facing the world.” He begins by acknowledging his debt to Karl Rahner, then discusses how confrontations with various “worlds”—World War II, Auschwitz, the world church, and globalization—brought him to construct theological categories and strategies.