Contemporary literary theory has evolved significantly since the late 20th century, introducing new approaches to analyzing literature. These theories challenge traditional notions of meaning, authorship, and interpretation, emphasizing the role of language, power, and identity in shaping literary texts. Key concepts like intertextuality, deconstruction, and poststructuralism have revolutionized how we understand literature. Influenced by postmodernism, civil rights movements, and linguistic philosophy, these theories explore issues of marginalization, power dynamics, and the instability of language in literary analysis.