Social and Behavioral Sciences Commons^™

Anxiety In The Capitalism Of Late Modernity, Toyo Kawabata

Emancipations: A Journal of Critical Social Analysis

The logic of capitalism affects both individuals and society. Alienation augments existential anxiety in the current precarity capitalism, which keeps urging competition among individuals to survive in capitalism and grow more. Excessive individualism, materialism, and consumerism in capitalism may weaken social ties and lower self-recognition, augmenting the existential anxiety of individuals. Losers in capitalism aggravate their anxiety whereas even winners may keep being anxious in the never-ending competition in capitalism. As long as people are kept engaged in capitalism, the pressure of the competition leads to a vicious cycle that keeps inducing anxiety, which signifies the precarity of capitalism. Existential …