The term "postmodern" is one of the most complex and controversial in the social and humanitarian sciences. Over the course of several decades, various thinkers and scholars have offered their own interpretations of this concept. The most famous social geographer today, David Harvey, is one of them. In his main book, Harvey explains what the term "postmodern" means as a state of current culture, and shows that the logic of capital lies behind the tangible and dynamic changes in cultural life. The scientist argues that the origins of cultural change lie "ultimately" in the economy. 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 carried out in art, urban studies, literature, architecture, and cinema. Harvey proves that spatio-temporal compression occurred over several centuries and by the 1970s had become a 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 on the social and humanitarian sciences and will be of interest to a wide range of readers.