Originally posted by: daniel1113
Originally posted by: KarthVader
What's the most anyone has spent on textbooks?
The most I've spent was around $800 in a semester.
I spent ~$875 for one semester of books. I am a structural engineering major.
Originally posted by: Amused
Originally posted by: SarcasticDwarf
Originally posted by: Amused
Originally posted by: SarcasticDwarf
You are missing the point here. Publishers and authors make their money on the FIRST SALE. It is well established by law. Publishers do not need to release a new edition every year or two, they are just gouging the market for all it is worth (and I do say gouging, since many publishers have agreements in place where the old editions are sold back to them by the bookstore and destroyed).
No, I'm not missing any point at all. Textbook publishers have an extremely limited market made even more limited by the used book market. They fully deserve to make back the hundreds of thousands to millions in costs to create the books, plus a profit. Were they to charge less, they could not.
This has been examined over and over again. Search the web on the issue. Only simplistic fools believe the publishers and authors are gouging students.
The only gouging being done is in the used book market itself.
Amused,
A publisher always has costs (royalties, marketing, printing, administrative, etc) associated with every book they publish. The only way to recover this is through the profits from the first sale. This is very well established in US law (I believe it went all the way to the Supreme Court, but I could be wrong).
Now, there are two ways a publisher can increase their returns. The first is to raise the cost of the book itself. Instead of charging $80 for something, they can charge $150. This is a (fairly) common practice and the way it should be done.
The other way is to sell new editions every year. We are all well aware that new editions very, very rarely have any significant amount of new/changed content. So why are they publishing them? The answer is to get more money. This is where people have a problem. The problem is not that they are making money, but that they are doing it in a way that is completely unethical.
Why not do both when you have such a limited market?
Again, if you search and read up on it, the price of textbooks has increased along with the rise of used book sales. And so has the book revisions.
Look, in such a limited market once the market is saturated with used books, the publisher cannot make any more sales on new books. Therefore revisions are the only way to stay in business and keep selling books. You'd do the same damn thing to feed your family.
Originally posted by: Banzai042
Originally posted by: Amused
Originally posted by: SarcasticDwarf
Originally posted by: Amused
Originally posted by: SarcasticDwarf
You are missing the point here. Publishers and authors make their money on the FIRST SALE. It is well established by law. Publishers do not need to release a new edition every year or two, they are just gouging the market for all it is worth (and I do say gouging, since many publishers have agreements in place where the old editions are sold back to them by the bookstore and destroyed).
No, I'm not missing any point at all. Textbook publishers have an extremely limited market made even more limited by the used book market. They fully deserve to make back the hundreds of thousands to millions in costs to create the books, plus a profit. Were they to charge less, they could not.
This has been examined over and over again. Search the web on the issue. Only simplistic fools believe the publishers and authors are gouging students.
The only gouging being done is in the used book market itself.
Amused,
A publisher always has costs (royalties, marketing, printing, administrative, etc) associated with every book they publish. The only way to recover this is through the profits from the first sale. This is very well established in US law (I believe it went all the way to the Supreme Court, but I could be wrong).
Now, there are two ways a publisher can increase their returns. The first is to raise the cost of the book itself. Instead of charging $80 for something, they can charge $150. This is a (fairly) common practice and the way it should be done.
The other way is to sell new editions every year. We are all well aware that new editions very, very rarely have any significant amount of new/changed content. So why are they publishing them? The answer is to get more money. This is where people have a problem. The problem is not that they are making money, but that they are doing it in a way that is completely unethical.
Why not do both when you have such a limited market?
Again, if you search and read up on it, the price of textbooks has increased along with the rise of used book sales. And so has the book revisions.
Look, in such a limited market once the market is saturated with used books, the publisher cannot make any more sales on new books. Therefore revisions are the only way to stay in business and keep selling books. You'd do the same damn thing to feed your family.
Ok, if the only reason for high prices is because it's completely necessary for them to even break even then why is it that international editions are significantly cheaper than American versions? After all, if they're at the bare minimum on prices already how can they possibly afford to have prices that low?

 
				
		