Is the Staggeringly Profitable Business of Scientific Publishing Unhealthy For Science?

· 3 min read
Is the Staggeringly Profitable Business of Scientific Publishing Unhealthy For Science?

It provided electronic access to bundles of a whole lot of journals at a time: a college would pay a set price annually - in response to a report based mostly on freedom of information requests, Cornell University’s 2009 tab was simply short of $2m - and any scholar or professor may obtain any journal they wished by way of Elsevier’s website. Universities signed up en masse. These predicting Elsevier’s downfall had assumed scientists experimenting with sharing their work for free on-line might slowly outcompete Elsevier’s titles by changing them one at a time. In response, Elsevier created a change that fused Maxwell’s thousands of tiny monopolies into one so massive that, like a primary useful resource - say water, or energy - it was unimaginable for universities to do with out. Pay, and the scientific lights stayed on, however refuse, and up to a quarter of the scientific literature would go darkish at any one institution. It concentrated immense energy within the fingers of the most important publishers, and Elsevier’s profits began another steep rise that might lead them into the billions by the 2010s. In 2015, a Financial Instances article anointed Elsevier “the enterprise the internet could not kill”.

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