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The article is a scrupulous review of the latest book by Assoc. Prof. R. Shivachev Perspectives Towards Early Modernity: Psychologism and Symbolism. Chapter by chapter the main author’s ideas are traced and analyzed. But the article has the ambition to transcend the review genre. By stepping on the concrete subject, the theoretical problem of the relationship between the method and its object is posed: when the method imperceptibly begins to emancipate itself from its object and sounds as an object in itself: the analysis of a certain work as a way to reveal the possibilities of the method. The bottom line: studies like this demonstrate the stand-alone va-lue of literary theory. Stopping it from being a servant of literature, an operational toolkit, and turning into an eim in itself, into full-fledged creativity.