Given that any society is endowed not only with a set of institutions but also with the particular pattern of self-reflection and self-description, postmodernity should be viewed as an epoch representing the climax of modernity and its self-refutation. Parting with traditional society, modernity represents the triumph of power-knowledge, the divorce between spheres of culture, the global social relations, the new institutions, the change in the understanding of space-time relations, the cult of the new, and the modernization process. While preserving the (...) institutional set of modernity, the postmodern period casts into doubt the basic thought foundations of classical modernity. The horizons of the emerging cultural future should be viewed in the light of a positive synthesis of the postmodern reflexive pattern with the legacy of modernity. (shrink)