Abstract
This chapter explores the relation between Honneth's theory of recognition and institutionalist economics in detail. It examines the arguments made by Honneth regarding the relationship between recognition and the organisation of work under capitalism, paying particular attention to his rejection of external criticism and his counter-model of immanent critique. The chapter expands on the institutionalist solutions to the problem of social integration Honneth extracts from Hegel and Durkheim. After briefly examining the relationship between orthodox economics and institutional economics, it talks about the links between institutionalist labour economics (especially as developed by John Commons) and Honneth's perspective on the organisation of work under capitalism. The chapter also summarises the relation between recognition theory and institutionalism. It identifies some key characteristic elements of the institutional approach. Keywords:capitalism; Honneth's theory of recognition; immanent critique; institutional labour economics; orthodox economics
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