Drawing from Franz's book "The Interpretation of Fairy Tales" McCurdy states 4 different ways of looking at fairy tales:
By types of consciousness:
1. Thinking : seeks a structure or pattern in the tales
2. Feeling: seeks value judgement about the tales
3. Sensation: seeks a single image and seeks to enrich and amplify the symbols in the fairy tales
4. Intuitive: seeks the whole meaning of the tale and its unique message.
I would state that understanding would require putting all four approaches together.
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