Publishers and literary fiction
I don't think Maxwell Perkins, that editor of the 20thC American literary greats, would be happy with Mr Ritchie's comments about today's American publishers!
Thirty years ago our (non-American) publishers would have been looking for that 'great literary work' to publish because they believed that good literary fiction became the classic literature that endured. They wanted their publishing house to be associated with such works. American publishing has always been more money orientated so I can see that today, when money is a god, some editors would confuse mainstream and literary fiction. However some non-American publishers still say, in their writers' guidelines, that they only publish literary fiction and not mainstream or genre fiction. They do differentiate between the two.
The definition of literary writing is a difficult beast to pin down. Charles Dickens was so popular that the police had to handle the crowds when the new issue of his magazine with the next chapters of his newest novel came out. He was regarded as a popular novelist. Now he is regarded as a great writer, his works are called classics. I'm not personally sure he is a great literary writer but sometimes he was! Passages like the opening of 'Bleak House' where he starts off describing the fog and ends up in the mental fog of the Chancery courts take some beating.
Jane Austen - to choose another writer you will all have had thrust at you in school some time - is a great literary writer, her skill with words and her technique are superior to Dickens. But he had honest passion to fuel his writing, and strong feelings about certain ideas that he wrote about to make his readers aware of his society's injustices. Austen has an incredible understanding of human relationships and that wonderfully ironic touch to reveal her ideas to the intelligent reader.
Literary fiction is different from mainstream/contemporary but I can't work out a good definition for myself. I keep coming back to 'depth', to style, to a sense of being made to think about something in a new way, a mental stretching that mainstream does not. Maybe 'Captain Correlli's Mandolin' (spelling?)is an example of a modern literary work? If it were a mainstream work it would not have those odd, out of the plot chapters with different character's views and the story's ending would have been slightly different. As it stands now it has the feeling, for me, of a well written literary work.