Elsevier: thy name is hypocrisy
Connotea Imports 2012-07-31
Summary:
"The Elsevier Foundation just announced on the Liblicense list $650,000 in grants. Generous? Hang on a second - at the same time that the Elsevier Foundation is assessing medical library needs for an Eritrean future, helping Kenyan libraries serve health workers, and translating knowledge into practice for Uganda's rural health clinics, Elsevier is doing its utmost to take down PubMedCentral, which would be a tremendous loss of medical research information in the U.S. and everywhere else....When interpreting the enormous profits of STM publishers like Elsevier, it is important to take into account that the 36% profit margin comes AFTER graft pay-out, not before. This may help to explain how we can transition the whole of scholarly communication to a fully open access system - and save LOTS of money, too...."