Dividualism/Individualism - a controversy

The individual is not in best shape. Several disciplines and theoretic approaches have long bid their farewells to the concept and are trying to make sense of agency without recurring to the individual as a reference-point. But what are we loosing when letting go of the concept? Are the cultural and historical conjunctures that led to a call for dismissing the concept of the individual still in place or are we coping with other needs that call for other conceptual strategies?