You’re right, I apologize. Lazy with the cut-and-paste.
I read your post, and the situation as you described it therein is definitely fishy. But it’s not at all typical; most students have no trouble finding used books or importing cheaper alternatives, and the industry’s sales trends back that up.
I’ve been repeating myself for a while here, and some of you evidently a) want to go on believing that textbook publishers are heartless criminal pricks out to part you from your very last dime, and/or b) believe I’m nothing more than a paid shill. So I’ll state (or re-state) a few final points, and you can choose to believe me or not.
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Are some textbooks revised more often than they need to be? From a strict pedagogical standpoint, some certainly are—but the needs of the market and the needs of the subject are not, alas, always congruent. Textbook publishers compete with each other, and an edition that has gone too long without substantive revision becomes increasingly vulnerable to takeaway business from competitors.
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Insist all you want that teaching supplements are worthless add-ons created only to inflate the price of the book—the fact is the market (i.e., your professors) wants these things. If they didn’t, no one would make them. I’m not guessing about that; it’s a fact. I don’t understand why this is such a difficult idea to accept.
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Textbook companies realize that books are expensive. Most publishers are investigating ways to deliver text content more cheaply, via the WWW or e-Books or wireless downloads. The market for these venues is still in its infancy, however. Right now, the demand is still for textbooks—and unfortunately, for a pedagogical style of textbook that can be very expensive to develop. A textbook publisher can’t go into a prof’s office and expect to sell a product the prof doesn’t want.
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I suppose this needs to be said: I’ve participated in this thread strictly of my own volition, and I’ve reported only what I’ve learned through my own observation, not some official set of industry talking points.
Mostly, it comes down to this: textbook publishing is a business. Most textbook publishers are publicly-owned corporations with responsibility to maintain growth for their investors. Maybe that’s not how it would be in an ideal world, but that’s how things are and that’s how they’re going to stay.
Does the “system stink,” as spingears says? Well, it’s certainly unfair that students aren’t free to choose alternatives at the beginning of the semester—but how do you correct that? Deprive professors of the right to choose the books they want to teach from? Force them to teach a course that’s compatible with a certain minimum number of competing texts? That may save you some money, but I guarantee it’s going to leave you with a lousier course, and some pissed-off instructors on top of it.
What else? Regulate the industry? That may happen eventually, but I don’t see how regulation will avoid leading to inferior products. Cap profits and you have less capital to invest in development and author recruitment, and competition from used books will still be there. Without recourse to raising prices, publishers will be forced to cut even more corners, and within 10 years of this vicious cycle your books will look, and read, like shit. Or maybe we could regulate the used book industry too—how do you suppose a student would feel on discovering that the used book company can only buy back, say, 5% of the print run of a particular edition, and that that fat econ book he paid $75 for is now toilet paper?
What about the industry itself? Would it be so bad if publishers revised, say, every six years instead of every three? Maybe not—until your competitor starts attacking the markets you’ve left to lie fallow and gradually boots your ass out of them. Earnings start to slide, market share starts to dip, investors start to get pissed; maybe some people get laid off, new market opportunities go untapped or certain titles are quietly allowed to die. Upshot: the publisher can’t survive doing business like that, and a textbook industry in constant upheaval is not a cure for rising prices.
And I’ll add one final thing, and this is the hand-to-God truth: when I see some of the books my company makes, I’m amazed the textbook industry makes any profit at all. I don’t see any but a small few of you who seem to have the first clue of what it takes to develop and produce a textbook; it’s an absolutely enormous undertaking, and one that can easily fail, sending millions of dollars in development down the toilet. You say that’s not your problem? If you want things to change, than yes, it is your problem. The first step toward change is examining the issue dispassionately and seeing the forces affecting all sides, not just your own; spouting off that publishers are bastards and quasi-mobsters achieves … what exactly?
Carry on with your discussion.