Like a lot of writers, I am wondering when Congress and the administration will propose a bailout for the publishing industry. Carnage is everywhere. Advances slashed, editors fired, publicity at subsistence levels, entire imprints vanished into thin air. Moreover, unlike some of the industries that the government, in its wisdom, has decided to subsidize, the publishing of books is crucial to the American way of life.
In an insightful article, Stephen L. Carter argues that the survival of book publishing is imperative for the survival of democracy. Read more over at The Daily Beast.