Inglis, p. 97
Duns Scotus and his followers are termed "formalists" by Kleutgen because they fail to appreciate that physical things are more than mere forms. Kleutgen argues that since, for Scotus, the individualizing principle of any particular thing is yet another form, he does away with actual individual subjects, and in doing so abolishes the philosophical foundation that is necessary in order to distinguish between individuals. What we have in Scotus is, according to Kleutgen, an endless number of predicates with no subject to which they could adhere. Since the Scotists offer a view of forms without subjects, they must conclude that the entire world is a single subject. Even though Scotus and his followers do not claim to be pantheists, the logic of their view leads inevitably to the conclusion that all is one.
So one begins to understand why at the dawn of the 20th century, Scotists such as Parthenius Minges were compelled to write articles defending Scotus from the pantheist charge. Luckily he was successful in this, even if the general model of decline and fall remains.