Expanding the taxonomy of (mis-)recognition in the economic sphere

Abstract

This article makes a contribution to debates in recognition theory by expanding the taxonomy of (mis-)recognition in the economic sphere. It argues that doing justice to the variety of ways in which recognition is engaged in economic relationships requires: (1) taking into consideration not just the recognition principle of esteem, but also (various aspects of) need and respect; (2) distinguishing a productive from a consumptive dimension with regards to each principle of recognition (need, esteem and respect); and (3) identifying the specific economic relationship at stake (e.g. between consumers and producers, or between employers and employees). In this way, we can account for the diversity of demands for recognition made in the economic sphere, explain what underpins them, and bring structure into these diverse phenomena. What is more, this expanded taxonomy is a useful tool for social pathology theorists, who should appreciate the full range of variants of misrecognition when diagnosing pathologies of misrecognition in the economic sphere.