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I think you have it backwards. When Amazon was free to set the prices of books low the publishers and authors actually made MORE money because Amazon took the discount from THEIR portion while paying the publisher (and author) the full non-discount share.
With the new contracts that prevent Amazon from setting any discount the publishers set the prices (generally higher which means less books sold) and also if the publisher itself decides to discount a book the discount comes from the PUBLISHERS (and authors) part of the price.
The publishers seem to think Less money for both the publisher and author is a good trade off in exchange for a forlorn hope of driving customers back to paper books and generally hurting Amazon (their largest source of income). If I was one of those publisher's authors I wouldn't be too happy with them. Hurting both the authors that make your business possible and your biggest source of sales Amazon seems poor policy.
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