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argument%20against%20Amazon<%2Fa> seems%20to%20rest%20on%20the%20proposition%20that%20if%20trad-pubs%20aren't%20awarded%20excess%20returns,%20over%20and%20above%20the%20actual%20free-market%20value%20of%20their%20products,%20then%20there%20will%20be%20no%20money%20to%20pay%20authors%20to%20write%20"serious%20literature,"%20irreparably%20harming%20our%20culture%20and%20society. This%20is%20really%20a%20very%20dense%20proposition%20with%20all%20kinds%20of%20unstated%20and%20unanalyzed%20assumptions%20behind%20it.%20It%20would%20take%20a%20lengthy%20and%20complex%20essay%20to%20thoroughly%20deconstruct%20all%20these%20notions,%20and%20few%20would%20have%20the%20patience%20to%20read%20it.%20But%20it's%20worthwhile%20to%20quickly%20review%20some%20of%20the%20main%20issues.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Fare-publisher-advances-truly-critical%2F" target="_blank" class="email" data-post-id="9914" type="icon_link">
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The argument against Amazon seems to rest on the proposition that if trad-pubs aren't awarded excess returns, over and above the actual free-market value of their products, then there will be no money to pay authors to write "serious literature," irreparably harming our culture and society. This is really a very dense proposition with all kinds of unstated and unanalyzed assumptions behind it. It would take a lengthy and complex essay to thoroughly deconstruct all these notions, and few would have the patience to read it. But it's worthwhile to quickly review some of the main issues.
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