F.A. Hayek’s Competing Temporalities: Subjectivity, Agency and Market
New Formations - Print ISSN 0950-2378 - Online ISSN 1741-0789
Volume 2025 Number 117
Preprint Article
F.A. Hayek’s Competing Temporalities: Subjectivity, Agency and Market
Ryan Trimm
Abstract
Scrutiny of F.A. Hayek’s wor k reveals a tension also operative in the neoliberal world he helped to develop. On the one hand, there is a celebration of entrepreneurship as a form of agency, one extended even into knowledge; on the other, Hayek’s account of responsibility is less about the intention of our action and more making us responsible for their effects, regardless of our ability to steer outcomes. Using value form theory and Jacques Rancière’s account of competing temporalities in contemporary capitalism, I argue we might call the plotline within Hayek, stressing agency and entrepreneurship, the time of the self. The second aspect of Hayek depends on having our efforts subjected to a retroactive evaluation; I label this the time of the market. These divided temporalities allow us to better understand the self and its narratives under neoliberalism.
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To cite this article
Ryan Trimm (2025) F.A. Hayek’s Competing Temporalities: Subjectivity, Agency and Market, New Formations, 2025(117)