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The publishers aren't wolves from the author's perspective. They might be from *an* author's perspective, but not from *the* author's perspective. There are many authors who choose to go with traditional publishers, and feel that they are not being preyed upon, but being offered a beneficial deal.
You can't make a realistic decision on whether traditional publishing or independent is right for you unless you have a realistic understanding of the pluses and minuses of traditional publishing or independent publishing. There are pluses and minuses to both.
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