Well, its the technique used with the Brazilian Soapis. I think the authors would be flattered by your comment likening them to Shakespeare. But are...
I think one of the reasons because I remember so little of the plot in spite of enjoying it is because it is a complex novel several things happening...
"I seemed to have sensed also from an early age that some of my experiences as a reader would change me more as a person than would many an event in the world where I sat and read. "
Gerald Murnane, Tamarisk Row