This paper, which focuses on two recent bhe Polooks of Marxist literary theory, Frederic Jameson's The Political Unconscious and Terry Eagleton's Walter Benjamin or Towards a Revolutionary Criticism, continues some of themes of a previous article on "Structuralist Marxism". In that piece I was mainly interested in exploring some of the limits of Althusserian structuralism; here I want to concentrate on the impact on Marxism of poststructuralist theory.