... no .
Admittedly, this wasn't a popular position with a few of my professors these past four years yet, I always stood my ground: two English degrees later, I'm still a stern un-believer in sweeping literary theories. IMHO, theory tends to make little sense as it often tries to map modern concepts onto old(er) texts - a case in point being all those tiresome Oedipal readings of Hamlet. Freud was inspired by Hamlet when developing his theory, therefore how can the latter form the basis for a text written four hundred years ago? The anachronism does my head in.*
And I quote, if I may, from my own review for Alternative Shakespeares:
... since the advent of literary theory, notions of the author as a once living, feeling being seem to have become risible, which I find sad and rather unjust. It doesn't help that most theory I have encountered is so far fetched I've read science fiction more plausible, not to mention inscrutably written. If I can read Shakespeare more or less with no need for a dictionary why should I require one to decipher Shakespeare criticism?
* it is worthwile to note that while Laurence Olivier's Hamlet was directed and acted under the impression that Freud got it right, Sir Larry eventually saw the error of both their ways and retracted the position that the myth of Oedipus was all there was to the Prince of Denmark.