The term “postmodern” is one of the most complex and controversial in the social and human sciences. Over the course of several decades, various thinkers and scientists have offered their own interpretations of this concept. Today's most famous social geographer, David Harvey, is one of them. In his major book, Harvey explains what the term "postmodern" means as a state of contemporary culture, and shows that the logic of capital lies behind tangible and dynamic changes in cultural life. The scientist argues that the origins of cultural change lie “ultimately” in economics. In the course of his research, he traces the socio-economic and conceptual history of modernity (from the Enlightenment to the present day) and how the transition from modernity to postmodernity was accomplished in art, urbanism, literature, architecture, and cinema. Harvey argues that space-time compression occurred over several centuries and, by the 1970s, became the solution to the crisis of capital overaccumulation. Thus, from modernist Fordism there was a transition to postmodernist post-Fordism, defined as “flexible accumulation.” Although Harvey wrote this book back in 1989, he did not abandon his ideas, and events that have occurred since then have proven him right. The book is considered one of the most important sources in the social sciences and humanities and will be of interest to a wide range of readers.