Home Business Resolved, Even In Literature Competition And Markets Are Good Things

Resolved, Even In Literature Competition And Markets Are Good Things

Author

Comments

We’re about to see a most glorious example of missing the point here. For the literary types are shouting that competition, markets, even competition within markets, are the most glorious things that they must be preserved by law:

Authors have made it abundantly clear that they fear the fallout if the deal goes ahead. When it was first announced last November, the Authors Guild in the US was quick to register its objections. The acquisition, which would bring heavyweight S&S authors including Hillary Clinton, John Irving, Stephen King and Bob Woodward under the PRH umbrella in the US, would “creat[e] a huge imbalance in the US publishing industry”, it warned, calling on the US justice department to step in.

The Authors’ Guild’s UK equivalent, the Society of Authors, followed suit last month, urging the Competition and Markets Authority to take a look at a deal, which it warned could have “a generally anti-competitive effect on prices for consumers and significantly adverse contractual terms for authors”.

So, hands up everyone who thinks that literature is going to be shouting that competition, markets, even competition within markets, are the most glorious things that they must be preserved by law.

Well, quite……

SUPPORT US WITH A SUBSCRIPTION?

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

expunct

in British English
expunct (ɪkˈspʌŋkt)
VERB (transitive)
1. to delete or erase; blot out; obliterate
2. to wipe out or destroy

Support Us

Recent posts

Big Meat Is The Next Enemy After Big Oil

We would, perhaps, hope for a little more logical ability among those who write the newspapers and news sites for us. Take this example...

In Praise Of Benign, Even Helpful, Beneficial, Tax Competition

Richard Murphy tells us that it is not possible for there to be anything other than harmful tax competition. All such competition must, by...

If Women Working Causes Inflation Then Women Must Be Less Productive Workers Than Men

Over at Politico there is the assertion that one reason for past inflation was that women joined the workforce. If there are more people...

The Point Of Inventions Is To Be Able To Use Them, Not Sell Them

This is a common complaint about the British economy, that we can invent things but don;t then go on to make fortunes out of...

An Interesting Method Of Avoiding Tax Rises – Just Borrow

Those progressives over at American Prospect, it is possible to wonder whether they've quite got the basics of how the economy works at times. So,...

Recent comments