Economicism and Nihilism in the Eclipse of Humanism

This article is based on the conviction that the major problems nowadays are not technical, but ethical, and are incumbent on homo qua homo. The origin of these problems is the advancement of economicism as a supreme interpretation of human and social reality, which means the primacy of the “market” and considering human beings in terms of what they have rather than what they are. Economicism emerges in “modernity” and assumes that everything that does not have market value is either devaluated or rejected. In consequence, the human being has been devaluated and has turned into a simple object of the market. “Postmodernity” mixes economicism and techno-scientificism (chrematistics and instrumental rationality) with nihilism (absence of values), giving way to a technological and decadent capitalism that has erased “humanism” and the very idea of the human being. Thus, we are in urgent need of a humanist recovery of the “human” based on a rehabilitation of ontology.