I draw your attention to this wonderfully unsentimental yet passionate defense of books by Toby Mundy. The publisher at Atlantic Books, Mundy offers his personal views on the devaluation of the medium for the thought-provoking site Medium.com. Specifically, of course, he draws our attention to Amazon and its Wal-Mart-like ability to muscle publishers (and by extension authors) into lowering prices toward the existential threshold. But from a cultural perspective, Mundy makes a sound plea to consumers not to confuse the book with the information it contains and, thus, not to be lulled by artificially cheap prices into setting fire to the basic economics that make a diversity of books possible. Mundy writes:
“To price a book in the way information is priced is based on a rather one-eyed view of its value. As any textbook author will tell you, Information is undoubtedly part of a book’s utility. But that is only part of the story. A second purpose is to provide readers with transporting Experiences, usually from reading fiction. A third is to impart current Knowledge. When TS Eliot asked plaintively in ‘The Rock’, ‘Where is the knowledge we have lost in information?’ he was reminding us that these two things are not the same. Knowledge comes from the interpretation of information, experience and facts. It comes from the stories we tell about those things. Perhaps it is the capacity to create these stories that make us human.”
By contrast, Mundy opens his piece quoting Russell Grandinetti, Amazon’s VP for Kindle, who accurately says that books compete for our time with other things like Facebook, Twitter, and Candy Crush Saga. But this somewhat common market view is only a half truth whose half-lie leaves out exactly the point. There may be individuals who read books and play Candy Crush Saga, but I am confident that they do not value both equally.
See Toby Mundy’s full editorial here.
At last someone telling it as it is. Having spent over 36 years in publishing in one form or another and experiencing the angst created by the demise of the Net Book Agreement I am appalled at the way this EU directive has devalued writing. On the surface a restrictive practice existed whereby everyone sold a title at the same retail price; a fair an equitable market place allowing all parties to retain a working profit. This was, on the face of it, a protection for authors allowing them to be rewarded fairly for their work.
Now it has become almost impossible to have works published. Many agents have their books full with the tried and tested authors and are wary of taking a gamble on ‘unusual’ or non-mainstream manuscripts. The Amazon route has devolved books to product. They care not if a book does not sell; this is not their problem. They have hundreds of thousands of titles, the majority of which are paid for by the authors and then sold at rock bottom prices. There is little or no promotional activity to help sell a title unless funded by the author. Most do not cover costs – hence the term Vanity Publishing.
Having one huge organisation controlling the book market is a travesty. A situation that lends nothing to the quality of future writing and even discourages new an exciting authors from evolving over the years.
Well done Mr. Mundy for enlightening the public about this issue. Amazon are not to blame as all they are doing is working with a system presented to them and capitalising on it. The short-sightedness and interference of the European Union are entirely responsible for the decline in writing. Publishing directly through a system that charges to be published without editorial guidance is not a route to success for new writers.