 Postmodern sensibility does not lament the loss of narrative coherence any more than the loss of being. However, the dissolution of narrative leaves the field of legitimation to a new unifying criterion: the performativity of the knowledge-producing system whose form of capital is information. Performative legitimation means maximizing the flow of information and minimizing static (non-functional moves) in the system, so whatever cannot be communicated as information must be eliminated. The performativity criterion threatens anything not meeting its requirements, such as speculative narratives, with de-legitimation and exclusion. Nevertheless, capital also demands the continual re-invention of the “new” in the form of new language games and new denotative statements, and so, paradoxically, a certain paralogy is required by the system itself. In this regard, the modern paradigm of progress as new moves under established rules gives way to the postmodern paradigm of inventing new rules and changing the game.