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<p>but especially in the West since the 1950s, whereas <a href="page.php?w=postmodernism">postmodernism</a> is an aesthetic, literary, political or social philosophy, the "cultural and intellectual phenomenon", especially since the 1920s' new movements in the arts. Both of these terms are used by philosophers, social scientists and social critics to refer to aspects of contemporary culture, economics and society that are the result of features of late 20th century and early 21st century life, including the fragmentation of authority and the <a href="page.php?w=commoditization">commoditization</a></p><p>
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