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3. The Paradigm of Recognition and the Free Market

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Chapter Summary

This chapter shares Honneth's and Schmidt am Busch's opinion that Hegel's version of the paradigm of recognition enables to understand the modern market from a critical philosophical framework. According to Habermas, the market system remains tied to the power of nature and ultimately has to manifest itself as a system of alienation as long as it is conceived of in terms of the philosophy of consciousness. The chapter argues that the separation between the philosophy of consciousness and recognition clashes with the basic intention of Hegel's project: for Hegel recognition has to be understood as the sublation of the fear of death. Honneth and Schmidt am Busch relate the modern market to the so-called second form of social recognition. In this relation, the individuals are related as persons and respect one-another as persons.

Keywords: Hegel; Honneth; paradigm of recognition; philosophy of consciousness; Schmidt am Busch



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