  However, Fraser has responded by arguing that most problems associated with global injustice are not primarily due to misrecognition but rather stem from systemic features of capitalism, such as when multinational enterprises relocate factories and lay off workers in order to maximize profits and share-holder interests (Fraser 2003b, 214–215, see for Honneth’s reply Honneth 2003b, 248–249). Subsequently, there has been quite some debate with regard to what extent and how fruitfully global capitalism can be explained and criticized in terms of recognition—and what role functional imperatives play within such an account (see, for example, the contributions in Schmidt am Busch/Zurn 2010, 241–318, Honneth 2014, ch. 6.2, Honneth 2015, ch. III, Jütten 2015).