"Literature or fiction is not a knowledge, but it is not only a site where knowledge is produced it is also the location of a range of knowledges. In this sense the text always exceeds the history of its reception." Belsey p 432
I picked this quote because I thought it was interesting. As far as knowledge goes within literature, it only makes sense that it "exceeds the history of its reception." When it comes to history within literature, it cannot be the only aspect of it. In many cases, literature and fiction incorporate historical information and background, but usually there is much more in and behind the story.
For example, James Joyce's Dubliners although fictional, has historical significance because it shows life in Dublin and the landscape surrounding them. I have always appreciated this about literature. Especially upon attending university level lit. classes, I have understood why it is so important to understand the historical significance behind a story. There is so much you can miss if you don't understand what each period of literature is about and how it influences the writing of authors, such as Romanticism, Elizabethan, Modern etc.
Go back to Belsey