No other business in America is conducted as wrong-headedly as the lit-biz. Their major motivation, be they on the Right or the Left, is to discover another Henry James. To them, James is the exemplar of American letters. The only problem with this scenario is that for most readers Henry James is a colorless personality and extremely tedious author who didn't excite readers even in his own time.
For those who enjoy intricate puzzle word convolutions this doesn't matter! They'll cling to their idol even if they take literature with them; even as the ship of literature sinks around them as inexorably as the HMS Titanic.