This paper presents an analysis and comparison of two conceptions related to the understanding of social phenomena and the relationship between “I and the other”. The first of them is P. Ricoeur`s theory of the mimetic circle, which presents a phased structure of understanding of social action and forming an attitude towards it in the subject. Secondly, we consider the idea of dialogicity by M.M. Bakhtin, which he understood in a broad sense, as a general method for the humanities. With the help of the first theory, we substantiate the consistency of the second. Also, we supplement it with the new concepts such us “reification” and “personification” introduced by M.M. Bakhtin, this gives the study an ethical and moral component and additionally establishes the importance of the role of the “other” in humanitarian knowledge in particular and the understanding of social phenomena in general.