Science Journals Are Laughing All the Way To the Bank, Locking the Results of Publicly Funded Research Behind Exorbitant Paywalls. This Must Be Stopped. (newscientist.com)
Here is a trivia question for you: what is the most profitable business in the world? You might think oil, or maybe banking. You would be wrong. The answer is academic publishing. Its profit margins are vast, reportedly in the region of 40 per cent. New Scientist: The reason it is so lucrative is because most of the costs of its content is picked up by taxpayers. Publicly funded researchers do the work, write it up and judge its merits. And yet the resulting intellectual property ends up in the hands of the publishers. To rub salt into the wound they then sell it via exorbitant subscriptions and paywalls, often paid for by taxpayers too.
The academic publishing business model is indefensible. Practically everybody -- even the companies that profit from it -- acknowledges that it has to change. And yet the status quo has proven extremely resilient. The latest attempt to break the mould is called Plan S, created by umbrella group cOAlition S. It demands that all publicly funded research be made freely available. When Plan S was unveiled in September, its backers expected support to snowball. But only a minority of Europe's 43 research funding bodies have signed up, and hoped-for participation from the US has failed to materialise. Meanwhile, a grass-roots campaign against it is gathering momentum. Plan S deserves a chance.
The academic publishing business model is indefensible. Practically everybody -- even the companies that profit from it -- acknowledges that it has to change. And yet the status quo has proven extremely resilient. The latest attempt to break the mould is called Plan S, created by umbrella group cOAlition S. It demands that all publicly funded research be made freely available. When Plan S was unveiled in September, its backers expected support to snowball. But only a minority of Europe's 43 research funding bodies have signed up, and hoped-for participation from the US has failed to materialise. Meanwhile, a grass-roots campaign against it is gathering momentum. Plan S deserves a chance.
If all of the public research was public, then we'd all be able to see how much of it is a sham.
This is of course a great reason to mandate that all publicly funded research be made completely free to access. For-Pay journals could well survive just by curating the most interesting an accurate of them, and it's likely the quality of journals would go up as a result.
Building back up the credibility of science in general is a huge need at present, because the lack of it is allowing things like anti-vac sentiment and other crazy ideas to spread like wildfire.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
No government money is going to middlemen who offer nothing of value.
It's basically hijacking taxpayer content at this this point and reselling something they got for free.
If it's publicly funded it should be accessible to the public.
what is the most profitable business in the world?
Religion. They make billions, control billions and don't have to do anything but spread faerie tales and FUD.
Considering the fact that the writers are using my tax money to create that property, shouldn't I get some stock/compensation for said property?
Avantgarde Hebrew science fiction
Never forget what these people did to Aaron Swartz.
They have killed to protect their business model.
Never doubt they'll do it again.
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