A living myth is in many ways a fantasy that has become a way of life. To me, the most vital aspect of mythology is not found in the stories of gods and goddesses of long ago, nor in the the psychological truths those stories reflect, but rather in the contemporary framework of images and meaning that are found in our way of life—the rhythm and structure of our weekly, monthly, and yearly cycles—and the myth that informs our life.
The problem is, however, that we don’t trust our own mythic imagination. In fact, the eruption of mythological fantasies in a person’s life is a psychological problem of a first degree. Other cultures in other times had ways of integrating mythological experiences into the whole fabric of personal and social life. We, by contrast, often don’t know what to make of such experiences.D. Stephenson Bond, Living Myth