The literature on Adorno and anti‐Semitism presents a somewhat curious state of affairs. On the one hand, concern with anti‐Semitism is presented as pivotal to his views and major works, at least post‐1940. On the other hand, the account of anti‐Semitism offered by Adorno – and Horkheimer – faces trenchant criticisms for failing to do justice to the complex phenomena at issue. In this Chapter, I re‐examine and re‐evaluate this account. In particular, I argue that they navigate well two central (...) dilemmas intrinsic to any endeavor of making sense of anti‐Semitism and the events for which the name “Auschwitz” stands. (shrink)