Abstract: Hegel led the study of Parmenides’ philosophy into a wrong path. He neglected the metaphysical nature of philosophy in his understanding of the concept of “Being”. It ought to be an inescapable duty for all historians of philosophy to take on the metaphysical perspective so as to probe into the deep implications of Parmenides in philosophy and the history of philosophy as well. This will make it clear that without the transcendent perspective, ontology, as an essential part of philosophy, will also lead to a wrong path.

Key words: Parmenides, Being, metaphysics, transcendent, ontology