Let’s all get angry about the Serials Crisis again | A Way of Happening

"Something I’ve noticed lately in scholcomm and open access discussions on social media is a misunderstanding of the Serials Crisis. Typically when it gets referred to it is often interpreted that the ‘crisis’ is the high prices of scholarly publishers. The oligopoly they have and the 30% profit margins they make. This is a piece of the Serial Crisis, but what the Serial Crisis is really about is not the high costs, the dominance of a small number of publishers, or the high profit margins, it is about the rate by which scholarly publishers have increased their prices. I think this is an important distinction and I am going to try and explain why."