Surplus Value, Exploitation and Scientific Publishing | In the Dark

"The August edition of Physics World - house organ of the Institute of Physics - contains an article about Open Access Publishing which is available online here.  In fact, I get a mention in it: 'Another vocal critic of the science-publishing industry has been astronomer Peter Coles from the University of Sussex. “Publishers want a much higher fee than [the real cost of publishing a paper on the Internet] because they want to maintain their eye-watering profit margins, despite the fact that the ‘service’ they provide has been rendered entirely obsolete by digital technologies,” Coles claimed on his blog In the Dark earlier this year. Yet publishers have been fighting back, pointing out that scientists often do not understand how the publishing industry operates and highlighting the many valuable – and expensive – functions they provide to the scientific community. In addition to the often complex process of managing peer review, these include everything from developing and maintaining IT systems to checking papers through plagiarism detection software – none of which comes cheap (see 'The value publishers bring').'  Publishers have indeed been fighting back, but you’d expect that of vested interests.  You can read the rest of the article yourself to see if you’re convinced. I’m not. I think it’s a desperate piece of propaganda. The last comment in the quoted paragraph (in parenthesis) points to a box purporting to explain why scientific journals should be so expensive. The explanations presented in that box  are so obviously  disingenuous that they don’t merit a detailed debunking because the argument can be refuted without any need to refer to the box: note the deliberate confusion between cost ('none of which comes cheap') and 'value' in the last paragraph quoted above. IOP Publishing (along with  other profiteering organizations of its type) insist that it brings value to scientific papers. It doesn’t. The authors and referees do all the things that add value. What the IOP does is take that value and turn it into its own profits. The fact that enormous profits are made out of this process in itself demonstrates that what the scientific community is being charged is nothing whatever to do with cost. This reminds me of many discussions I had in my commie student days about surplus value, a concept that I believe was first discussed by Friedrich Engels, but which was explored in great detail by Karl Marx, in Das Kapital. According to the wikipedia page, the term 'refers roughly to the new value created by workers that is in excess of their own labour-cost and which is therefore available to be appropriated by the capitalist, according to Marx; it allows then for profit and in so doing is the basis of capital accumulation.' ..."