Anxious publishers watch Indigo makeover – thestar.com

Ahh, capitalism in it’s purest form. Take a good idea, pump it up, and run it into the ground after you’ve destroyed all the competition.

Say what you will about government regulation of industry, it promotes stability, whereas capitalism promotes chaos and short-term profits over long-term benefits.

In case you’re wondering what I’m babbling on about- the Chapters/Indigo bookstore chain here in Canada more or less destroyed our entire small bookstore ecosystem a number of years ago (London, where I live, had 20+ independant bookstores in 1990, now it has one.) and now their new CEO had determined that they’re going to start getting rid of those icky books that keep them from selling “lifestyle” products in their stores.

Read it and weep, I did:

Anxious publishers watch Indigo makeover – thestar.com.

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