ABSTRACT
Late-capitalism, which Jameson claims to be the natural habitat of Postmodernism, relies on a globalized market. While Postmodernism rejected any Grand Narratives, Transmodernity is essentially a relational concept and reality that globalization gives cohesion to. Postmodernism was always more of a countercultural movement than a properly subcultural one. That is, its very essence was Hegelian, a counter-thesis the original Modernity thesis needed to assert itself. The paradigm shift implies that some of these are intensified, but especially that they are recast into a new panorama where there is no longer an ultimate point of reference. No matter how destabilizing Postmodern experimentalism was, it clings to a point of reference: the simulacra were conceived in reference to the centrality of the actual referents they replaced. The May 1968 riots in Paris were, like the Postmodernism that then was beginning, a failed, albeit valuable, revolution.
