Legitimacy and time in technoscientific capitalism

Responding to the call for interventions on the socio-technical construction of the future, this paper explores the how the concept of “technoscientific capitalism” may be understood in relation to time. Recent contributions in STS prompt scholars to engage with the political economy of science and technology. While these contributions tend to lean on politico-economic concepts such as rents (Birch, 2020) and assets (Birch & Muniesa, 2020), this paper will describe technoscientific capitalism in different terms. Revisiting the arguments of Lyotard (1984) – the originator of the concept – the paper investigates how technoscientific capitalism initially emerges in the context of a FrancoGerman debate on the problem of legitimacy in late capitalism. The argument then explores how Lyotard subsequently moves on to describe technoscientific capitalism as a process of controlling futures, forestalling events, and annihilating time. The paper concludes by suggesting that this focus on time restates the stakes of technoscience capitalism, reorienting the view to examine the practices in which futures are locked-in by technoscience