Alnoor Ladha defines 'capitalist modernity' as a socio-economic system characterized by the hegemony of capital over all aspects of life, where market logics dictate societal norms, values, and relationships. This framework prioritizes incessant economic growth, commodification of nature and human labor, and individualism, leading to profound ecological degradation and social stratification. In his view, capitalist modernity dismantles communal and ancestral ways of living, replacing them with consumerism and financial metrics as the primary measures of success and well-being. Ladha argues that this paradigm perpetuates systemic inequities and undermines collective societal bonds, driving a wedge between human beings and the natural world, ultimately steering us towards a path of unsustainable development and existential crises.

See also: neoliberal capitalism, capitalist system, post capitalism, late-stage capitalism