Contributions to stakeholder theory often do not systematically deal with the prioritization of stakeholder interests. An exception to this is Reed’s Habermasianapproach to stakeholder management. Central to Reed’s discursive approach is Habermas’s distinction between morality and ethics. Many authors in business ethics argue that, because of its distinction between morality and ethics, discourse ethics is well suited for dealing with the pluralism that characterizes modern society, but also mention complications with the application of this distinction. This paper taps into the (...) vivid debate in political philosophy on Habermas’s distinction between morality and ethics and, on this basis, further elaborates how stakeholder interests should be prioritized from the point of view of discourse ethics. It thus estimates the consequences of the objections against Habermas’s distinction for a discursive approach to the prioritization of stakeholder interests. The conclusion is that, although Habermas’s distinction is not as neat as it may seem, it is not fundamentally challenged and may be successfully applied in the prioritization of stakeholder interests. (shrink)

While it is clear that the Gadamer–Habermas debate has had a major influence on Paul Ricoeur, his commentators have had little to say about the nature of this influence. I try to remedy this silence by showing that Ricoeur''s account of tradition is a direct response to the Gadamer–Habermas debate. First, I briefly explain the debate''s importance and describe Ricoeur''s reaction to it. Next, I show how his discussion of tradition in Time and Narrative steers a middle course between Gadamerian (...) hermeneutics and Habermasian Ideologiekritik. Finally, I raise some critical questions about the adequacy of Ricoeur''s middle course. Specifically, I argue that it rests on an implausible distinction between the form and the content of tradition. (shrink)