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This kind of thing is nothing new and certainly not limited to books & amazon. There has always been hand wringing that high quality works are being crowded out by lowbrow best sellers.
But I can't recall a time when it was ever the norm that bestsellers were highbrow literary novels. When I was a kid, it was television that was rotting our brains. I wouldn't be surprised, if in Victorian England, the literary types were worrying that all those magazine serials by popular authors like Dickens were killing literature.
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