Abstract
The Schlegel’s aesthetic theory, which he named the “new mythology”, was most exhaustively formulated in “Talk on Mythology”. In the beginning of the paper, the author analyses complex relations between the social movement of the French Revolution and Schlegel’s aesthetic views. The relations evolve from philosophical and historical to mythological interpretation. The wrecking and innovative attitude of the Revolution time is of Dionysian nature. The Dionysian motive should find an aesthetic realization in the metaphoric and innovative language of poetry. Whatever is magical, is for Schlegel most poetic. In the final part of the article, the author shows the conflict existing between the art and its theory exemplified with selected authors.