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Originally Posted by =X=
That is a good point, economics have proven that emotions override logic every time.
The way I saw it amazon hurt them short term, due to collateral damage, but MacMillian is hurting them long term.
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Amazon hurt them here and now, and more importantly proved that they really don't care at all about the well-being of authors. Macmillan's agency model may hurt authors, but the general consensus is that it will hurt them less in the long run than throwing in with Amazon.
The authors' income is tied to Macmillan's; there is no such connection between the author's income and Amazon's. It's in Macmillan's interest to make authors more money over the long term. It doesn't matter to Amazon one way or another whether authors make money. All that matters to Amazon is that they make money, whether by selling books or Kindles.