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The one place in the book distribution ecosystem where piracy is most efficiently defeated, where users have access to content for free but under carefully controlled circumstances, have been libraries. Libraries have always been the best counter to piracy. And instead of cementing a relationship with libraries that works to the benefit of all parties, publishers have steadfastly withdrawn the ability of libraries to provide free content, even when it is available for only limited borrowing periods, or only a restricted number of titles, with severe constraints on sharing and copying. Instead, they have indicated an interest in the commercialization of libraries by encouraging rental models.
And so, having shot themselves in one foot by trying to control piracy through technically inappropriate means even though it is a manageable risk, they’ve looked around and noticed that books remain available for free at another location, libraries, and so they’ve taken aim and shot themselves in their other foot. Someone needs to buy them steel-toed boots before they decide to aim higher.