Literary theory redux

Here's another good piece on literary theory, this one discussing how Marxism (among other systems) is falling from favor in some academic circles.

This article prompted me to bring up the topic of Marxist theory at lunch with Michele, and we had a great discussion. I wish I could transcribe it all for you, but here's the Cliff Notes version:

Andy: Marxism is a failure, and is a worthless system with which to understand history or anything else.

Michele: Your first statement is pretty much true, but your second betrays a lack of understanding of what Marxist theory really is.

I should've known better than to discuss this with somebody who actually knows what they're talking about. Anyway, interesting article.