Arts + Labs advisor Andrew Keen weighs in on the tug-o'-war between Amazon and Macmillan over e-book pricing:
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"The problem, of course, is that both sides are wrong. There is no good and evil dog in this fight, no scripted, morally suitable ending. Rather than a movie, this is capitalism, an economic system that rewards the strong and punishes the weak. The truth is that Amazon and Macmillan are both way beyond good and evil. They are both smart companies trying to maximize their commercial power in the new digital economy by controlling the terms of trade in the e-book market."
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