The theory of a will to power operating in every event provides the framework within which Nietzsche explains how the fictions of a world comprised of entities and of goods arise, as well as the illusory identities of knowing and morally acting subjects; how, with the soul and self-consciousness, a sphere of inwardness is constituted; how metaphysics, science, and the ascetic ideal achieved dominance ― and, finally, how subject-centered reason owes this entire inventory to the occurrence of an unsalutary, masochistic inversion of the very core of the will to power. The nihilistic domination of subject-centered reason is conceived as the result and expression of a perversion of the will to power.
source
Jürgen Habermas, The Philosophical Discourse of Modernity (1985), Lecture 4 : The Entry into Postmodernity: Nietzsche as a Turning Point