Amazon is doing the world a favor by crushing book publishers - LOL

Here's a little real talk about the book publishing industry — it adds almost no value, it is going to be wiped off the face of the earth soon, and writers and readers will be better off for it.
The fundamental uselessness of book publishers is why I thought it was dumb of the Department of Justice to even bother prosecuting them for their flagrantly illegal cartel behavior a couple of years back, and it's why I'm deaf to the argument that Amazon's ongoing efforts to crush Hachette are evidence of a public policy problem that needs remedy. Franklin Foer's recent efforts to label Amazon a monopolist are unconvincing, and Paul Krugman's narrower argument that they have some form of monopsony power in the book industry is equally wrongheaded.
What is indisputably true is that Amazon is on track to destroy the businesses of incumbent book publishers. But the many authors and intellectuals who've been convinced that their interests — or the interests of literary culture writ large — are identical with those of the publishers are simply mistaken.

Amazon is doing the world a favor by crushing book publishers - LOL 5129303018_53dd74260d_b.0.0_standard_755.0

Amazon is doing the world a favor by crushing book publishers - LOL 5129303018_53dd74260d_b.0.0_standard_755.0

More: http://www.vox.com/2014/10/22/7016827/amazon-hachette-monopoly
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Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband
“The state calls its own violence law, but that of the individual, crime.”-- Max Stirner
"Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann

Amazon is doing the world a favor by crushing book publishers - LOL

Amazon is doing the world a favor by crushing book publishers - LOL

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