"Louis Proyect" <[email protected]> wrote: 

> http://www.guardian.co.uk/commentisfree/2011/aug/29/academic-publishers-murdoch-socialist
>  


Checking the financial data of some of the companies, I found the gross profit 
ran as high as 75%, but after 
expenses the income ran at 25% of sales, but the return on equity was about 
40%. 


So, cutting out the profits would only reduce customer costs by 25% on average. 


What do people who write academic papers want from a publisher? As a reader, I 
want zero cost because 
I don't know if the papers will be accurate and useful. 


-- 
Ron 

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