GenevaBookClub: Vanity Fair was published as a series of installments, beginning in 1847. Even before all installments had been published, the work was an enormous hit. Thackeray was hailed for his realistic satire, and yet at the same time criticized for his ruthless depiction of his characters. It is difficult to locate any redeeming qualities in the characters of Vanity Fair, as each character seems totally consumed by the pursuit of social mobility and wealth. In particular, the novel's heroine (if she can be properly labeled as such) seems entirely devoid of conscience.