>>12470911baphomet acknowledges and respects all "poles"
so if you call individualism satanism, then you could call it that (which is usually how its referred to by the christian canon)
the star has always notoriously represented individuality
baphomet accepts what we view as "dark forces" at play in the universe and accepts their necessity alongside the "light forces"
jesus is a representative of light, and hes in the business of casting out the dark. so he is a figure for those whom wish to do so as well.
the male and female parts are also references to respect for both the feminine and masculine principles at play in the universe.