"Maybe in true literary fiction there is not a story and the focus is entirely style. If this is the case then I am beginning to think that I don't like true literary fiction very much at all. Nothing happens. The characters spend the entire book smugly making clever jokes to themselves for the reader to admire from a distance. There is usually much evidence of literary knowledge, and this is paraded at every opportunity, so that readers with a similar education can smirk knowingly and feel included in some special smug club. I sometimes come across books like this, and after a few pages I throw them down - and once, after being particularly annoyed, threw one particular book right across the room. It landed cover side down and was completely undamaged. Now that, it occurs to me, is probably something you can't do with a Kindle."
http://keeperofthesnails.blogspot.com/2009/07/what-is-literary-fiction.html