本文旨在論述《思與言》所隱含之哲學向度，並藉此進一步討論臺灣哲學之發展。首先，以實存之處境，指出自由主義陣營與保守主義陣營之交會，並指出《思與言》所提供者為一學術之實踐的理論向度，正因如此，所以能天長地久。再者，依其〈發刊詞〉做一總的哲學之詮釋，肯定其為五四後的啟蒙理性精神，重在經驗主義的實用性。繼而做諸多對比，指出其所重在社會科學、人類學、心理學，所涉哲學之議題亦多屬具體之實踐層面，而這帶來新一波的發展。再者，又通過上個世紀九○年代的哲學反思以為對比，看出《思與言》如何從戒嚴而解嚴，有著進一步之落實與發展。通過世紀之交的總體反思，我們發現臺灣哲學仍不免其貧困，但卻有著嶄新之可能，它指向生活世界的重新發現，以及歷史社會總體、政治經濟的全面深層反思。再者，經由「存有的連續觀」與「存有的斷裂觀」之對比，闡述了東西方之異同，並預示其融和會通之可能。

This paper aims at investigating the philosophical dimension of the journal of Thought and Words and, based on this, discusses the development of philosophy in Taiwan. It shows that this journal has existed so long partly due to the convergence of liberal and conservative camps in Taiwan, in which this journal has suggested a theoretical direction for academic practice. It then turns to a philosophical interpretation of the ”Inaugural statement” of Thought and Words, and recognizes the journal's enlightenment spirit from the May Fourth Movement and its emphasis on the practicability of empiricism. This paper also indicates that its main concerns are social science, anthropology and psychology. Its philosophical discourses are more on concrete and practical issues. Nonetheless, this atmosphere may lead to a new wave of thought in Taiwan.A comparison of the philosophical reflections of this journal in the 1990s and the present shows its development from the period of Martial Law to that of the abolishment of Martial Law. There could still be some poverty of philosophy in Taiwan, but there are also some new possibilities since it has already directed its attention to the rediscovery of the meaning of life-world, the socio-historical totality and political-economic activities. Through the contrast between the perspectives of continuity of being and discontinuity of being, this paper presents the difference between the East and the West and suggests the potentiality of the communication of and the integration of both sides.