Our debt to Derrida

I have never been a great fan of the more modern schools of study of literature (meaning pretty much every branch since the Russian Formalists in the 1920s). So I am bit of a conservative when it comes to the study of literature. And I do have read huge amounts of work from different schools of study of literature, even if largely of necessity. The modern schools have their merits, especially one: They have taken "high literature" from it´s pedestal and have put it among the "rabble"; not in the context of other "great works of literature" but in the context where the artist worked and the work itself was created, and where the kinship between "artists" and "craftsmen" of literature can be seen and aknowledged better than before. Still, modern study of literature can be at it´s worst ghastly nonsense, where elaborate theories take centerstage.