People wanting to engage seriously in literature will have to look to other arenas: the art world and its publication networks, for example — at least until their work has found a large enough audience to make it commercially attractive to bigger houses. While this may be bad news for writers’ bank balances, it’s not necessarily a bad thing for literature, which has always “deterritorialised” itself, had to detour beyond its own boundaries, in order to be reinvigorated. The internet has produced some excellent criticism and debate around literature, but I’ve yet to see any good “primary” writing on there.
Tom McCarthy ponders the impact the recession may have on literature in the Independent.
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