Abstract
In this paper I am addressing the question whether Nāgārjuna’s doctrine should be understood as a theory that describes reality itself (ontology) or as a theory of our relation to reality (epistemological, logical, psychological, etc.). To answer this question, I propose to compare Nāgārjuna’s concept of emptiness to that of ‘caducity’, a key element in the ontology of Renaissance Neoplatonist philosopher Francisco Patrizi. By showing that these concepts are similar, I argue that Nāgārjuna’s standpoint can be considered as that of ontology.