James Wood is now more relevant than Harold Bloom and arguably any other literary critic working in the English language. And unlike Bloom, Wood deals effectively and coherently with fiction writers.
The Irresponsible Self has as many comprehensible insights in its 312 pages as Bloom's Genius contains in about three times as many. Has Bloom had an influence on Wood? Certainly. Bloom, for being widely published, has influenced every literary critic in the last 25 years. But Wood has moved out from underneath Bloom - and perhaps no other literary critic can say that.
Wood does a number of things better than his contemporaries. First, he understands fiction writers and what they are trying to accomplish. Second, when he catches them "writing" he takes them to task for it. Third, he continues to oppose the flabby and joyless and enormous American genre - think DeLillo's Underworld and everything Pynchon has written that is not called The Crying of Lot 49 - that Wood calls "hysterical realism". Fourth, he walks a reader through examples of great prose in specific, word-by-word treatments, which are such a refreshing change from Bloom's rambling, family-tree-of-literature paragraph sentences that invariably attribute everything to Sir John Falstaff.
But finally, Wood is best when writing parodies and analogies. Check out this priceless excerpt from Wood's treatment of the second book of Cervantes' Don Quixote:
"A rough analogy of the action in the second book might go like this: Jesus Christ is wandering around first-century Palestine trying to convince people that he is the true Messiah. It is a difficult task, because John the Baptist, instead of preparing the way for the Messiah, has claimed that he is the true Messiah, and has gone and got himself appropriately crucified on Calvary. Since many people have heard of John's death and resurrection, Jesus finds himself being skeptically tested by his audience: can he perform this and that miracle? Moreover, when Jesus hears that John has been crucified on Calvary, he decides to prove his authenticity by changing his plans: he will not now be crucified on Calvary, but will instead travel to Rome to be eaten by lions. Tired, disillusioned, deeply saddened by the unexpected explosion of his greatest dreams, he sets out for Rome with his dearest disciple and right-hand man, Peter. But Peter, taking pity on him, gets together with some of the disciples and convinces Jesus that he should give up this Messiah lark, and should retire to somewhere nice, like Sorrento. Jesus meekly obeys, arrives in Sorrento, and immediately falls sick and dies, though not before renouncing all claims to divinity and announcing his convinced atheism."
Of all the the things literary criticism has tried to do with Don Quixote in the last three centuries, it has been an awful long time since anyone has written an account as original as all that.