This chapter outlines some of the characteristics of the ‘postmodern condition’ as defined by Jean-François Lyotard. The cultural condition of postmodernity, which emerges with late capitalism, has led to a dislocation of our accepted political reality. Instead of the universal discourses and ‘metanarratives’ of the past, which were founded on the rational certainties of the Enlightenment, there is a severing of the social bond and a general sense of fragmentation in the fields of knowledge, culture, and social relations. This chapter examines the two main responses to the decline of the metanarrative: the ‘foundationalist’ approach, exemplified by Jürgen Habermas, and the anti-foundationalist or broadly termed ‘poststructuralist’ strategy, which seeks to question these foundations. It also examines nihilism, poststructuralism, universality and the role it plays in radical politics.