This dissertation is an attempt to map contradictions faced by the student in his/her experience of literary study. These contradictions coalesce around an apparent struggle between proponents of difference in critical theory and forces of regulation in educational politics. In mapping the tensions arising from the ideological struggle between differing cultural values, which are both represented in and conditioning forces around literatures and forms of study and assessment, this dissertation locates the interests and values most effective In defining the identity of literary studies at the present time. Through this, the possibility for different understandings of the practice and experience of literary studies is argued. The Introduction asks the preliminary question, "what is the function of theory in literary study? " and surveys a range of responses to establish the debate in which this project participates. In Part One, Chapter One, theories of deconstruction are explored as both powerfully influential in the field of literary study, and suggesting the possibility for an open-ended process of reading as distinct from more determinately organised forms of study. Chapter Two and Chapter Three theorise an Idea of the individual as a located subject through theories of postmodernity and subjectivity, in order to develop this understanding of reading in relation to other important theories and as an effective practice. Part Two addresses the cultural context within which these theoretical concerns are located, and resultant ideological tensions. Chapter Four deals with the specific location and practice of literary studies In the educational establishment, and moves towards a consideration of the larger questions of the political regulation of education in Chapter Five. Part Thre4 Chapter Sb4 places in tension the issues dealt with in Parts One and Two. The conclusions explore this situation in terms of the possibility for forms of literary study which activate the radical potential of critical theory in an increasingly rationalised environment, to provoke readings of critical value for students.