The value judgement definition of literature considers it to exclusively include writing that possesses high quality or distinction, forming part of the so-called belles-lettres ('fine writing') tradition. This is the definition used in the Encyclopædia Britannica Eleventh Edition (1910–11) when it classifies literature as "the best expression of the best thought reduced to writing." However, this has the result that there is no objective definition of what constitutes "literature"; anything can be literature, and anything which is universally regarded as literature has the potential to be excluded, since value-judgements can change over time.
Try to answer this question if possible (otherwise reply "unanswerable"): How often do value-judgments change?
unanswerable