“Recognition” has become a veritable keyword of our time, but its relation to “redistribution” remains undertheorized. This volume remedies the lacuna by staging a sustained debate between two philosophers, one North American, the other European, who hold different views of the matter. Highly attuned to contemporary politics, the exchange between Nancy Fraser and Axel Honneth constitutes a rigorous dialogue on moral philosophy, social theory, and the best way to conceptualize capitalist society.