The conventional wisdom that now governs book publishing—that things are, for the first time in a long time, not that bad—is wrong. At the very least, it overlooks the fact that Amazon has spent the last decade accumulating yet more power and leverage, and that its ambitions have since moved past simply being the world’s largest bookstore. On Tuesday evening, The Wall Street Journal surveyed one of the most important recent developments in the industry: Amazon is finally publishing work by some of America’s biggest authors. – The New Republic