Perhaps that is the hallmark of "literary fiction"; trying to be as timeless and applicable as possible while dealing with human failure modes. "Genre fiction," because it often deals with strange and spectacular situations, doesn't endure, because humans get acclimated to amazing and wondrous and shocking things, and they soon become zeerust of one kind or another. Also works set in the past tend to grow a wondrous and wistful aura merely by virtue of being old, making us feel nostalgia for times and places we never saw.
By the way, reading historical novels, written at different times, and set in the same time period, alongside works written in that actual time period, can be in itself a source of much amusement and bewilderment, even when the time period is fictional.
Films are also quite fun about this; pay attention to the haircuts :P.
Reading historical novels set in the same period but written at different times does sound like fun.
C.S. Lewis' High and Low Brows * builds the rather plausible theory that high brow fiction is simply more difficult than low brow, and thus higher status. He mentions Dickens, who was low brow when he was writing, and high brow after his work became less accessible.
It isn't a matter of the authors' intent.
You may have a point about more recent literary fiction considered as a genre, rather than looking at the fiction which is counted as classic.
*Unfortunate...
From EY's Facebook page, there were two posts that got me thinking about fiction and how to work it better and make it stronger:
I was wondering if we could apply this process to older fiction, Great Literature that is historically praised, and excellent by its own time's standards, but which, if published by a modern author, would seem substandard or inappropriate in one way or another.
Given our community's propensity for challenging sacred cows, and the unique tool-set available to us, I am sure we could take some great works of the past and turn them into awesome works of the present.
Of course, it doesn't have to be a laboratory where we rewrite the whole damn things. Just proprely-grounded suggestions on how to improve this or that work would be great.
P.S. This post is itself a work in progress, and will update and improve as comments come. It's been a long time since I've last posted on LW, so advice is quite welcome. Our work is never over.
EDIT: Well, I like that this thread has turned out so lively, but I've got finals to prepare for and I can't afford to keep participating in the discussion to my satisfaction. I'll be back in July, and apologize in advance for being such a poor OP. That said, cheers!