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Fifth Business is perhaps Robertson Davies' best-known novel, and is widely considered his finest. It is the first part of the Deptford Trilogy and is a story of the life of the narrator, Dunstan Ramsay, who functions as a "Fifth Business" (that is, neither hero, heroine, villain nor sidekick).
Ramsay's avid interest in hagiography and his guilty connection to Mary Dempster provide most of the impetus and background for this novel. He spends much of the book struggling with his image of Mary Dempster as a fool-saint.
Davies employs many different techniques in the writing of Fifth Business. He discusses many themes in the novel, perhaps the most important being the difference between materialism and spirituality. By spirituality, Davies discusses how religion is not necessarily integral to the idea - demonstrated by the corrupt Reverend Leadbeater who reduces the Bible to mere economic terms.
Davies, being an avid follower of Carl Jung's ideas, also employs them in Fifth Business. Characters are clear examples of Jungian archetypes and events are demonstrative of Jung's idea of synchronicity.
Davies employs an interesting means of narration in Fifth Business. The entire story is told in the form of a letter written by Ramsay on the occasion of his retirement as master at Colborne College and addressed to his former headmaster.
Fifth Business was selected fortieth on the American Modern Library's "reader's list" of the of the 100 best novels of the 20th century.