Postmodernity is generally used to describe the economic or cultural state or condition of society which is said to exist after modernity

Modernity

Modernity typically refers to a post-traditional, post-medieval historical period, one marked by the move from feudalism toward capitalism, industrialization, secularization, rationalization, the nation-state and its constituent institutions and forms of surveillance...

. Some schools of thought hold that modernity ended in the late 20th century, in the 1980s or early 1990s replaced by postmodernity, while others would extend modernity to cover the developments denoted by postmodernity.

Postmodernity can mean a personal response to a postmodern society, the conditions in a society which make it postmodern or the state of being that is associated with a postmodern society.