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As for ultimate legacy, do you think that as the politics of that era become more and more a thought of the distant past, that his poetry may resurface as his defining contribution? It would seem that we are far more willing to focus on one's works, the less we are directly affected by their life or agenda. In actuality, it was not until I began studying Pound, that I had any idea of these sordid details of a fascist's life. WWII is not so removed from my era that it has ceased to have an impact on my generation--but even now Pound's politics seem to have taken a backseat to his poetry in the eyes of the casual observer of poetry. If you asked people on the street who was Ezra Pound, do you think you'd get more answers of fascist traitor, or poet?
I'm not sure if the politics ever affected his poetic reputation on campus. I speak of prior to the University system becomeing so passionately political (feminism, post modernism). Back when I was an undergraduate (early 1980s), we studied Pound and divorced his ideology from his poetry. He was held up quite high. I have no idea what has happened in the last decade. The feminists and post modernists (of all pursuasions) do not as a rule divorce their politics with their literary assessments. Given that D.H. Lawrence and T.S. Eliot have been reduced in importance in recent years, I suspect so has Pound.