The article intends to contribute a framework of understanding the dual rise of econocentric fundamentalism(referring to market capitalism)and logocentric radicalism(referring to counterhegemonic political forces)as a process of mutual generation and destruction."Mutual generation and destruction"implies a dialectical process in which the deification of the free market and the global expansion of market capitalism have unavoidably generated destructive contradictions leading to the resurgence of logo-centric counterhegemonic socio-political forces.It is the analysis of this nexus that leads to a better understanding of the essence of worldwide religious/political radicalisms rather than their appearance.Islamic fundamentalism,for example,and other forms of political radicalism can be seen as a part of counter-hegemonic political movements representing an outlet for action and a force for change.Paradoxically,what we are witnessing today is a confrontation between two types of fundamentalist forces:econocentrism vis-à-vis logocentrism.
