In the book "The Postmodern Condition," Lyotard professes a preference for small narratives that compete with each other (a narrative is a story. Therefore, a metanarrative is a story about a story, encompassing and explaining other 'little stories' within totalizing schemes)
Lyotard suggests that "there is an objective truth, but because of the limited amount of knowledge that is understood the truth will never be known." Lyotard advocates that "there is no certainty of ideas, but rather there are better or worse ways to interpret things."
"Simplifying to the extreme, I define postmodern as incredulity toward metanarratives. This incredulity is undoubtedly a product of progress in the sciences: but that progress in turn presupposes it. To the obsolescence of the metanarrative apparatus of legitimation corresponds, most notably, the crisis of metaphysical philosophy and of the university institution which in the past relied on it. The narrative function is losing its functors, its great hero, its great dangers, its great voyages, its great goal. It is being dispersed in clouds of narrative language elements--narrative, but also denotative, prescriptive, descriptive, and so on... Where, after the metanarratives, can legitimacy reside?"
-Jean Francois Lyotard