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...easy. In a society such as Britain, where politics is a contact sport, every crunching tackle covered by a breathless and indefatigable national media, the bonds between the public and their elected leaders inevitably fray over time. But connecting with voters who believe politicians to be corrupt, venal and self-obsessed is an even taller order. And that is now Labour's task. The party has endured a long, slow decline, but its current crisis was triggered by one of the greatest press exposés of the modern age. It started when a former soldier and Conservative supporter called...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...against a person who says black is white and four times four equals five. He looks into the camera and lies with self-confidence...

Author: /time Magazine | Title: Verbatim | 6/22/2009 | See Source »

...bloggers have pointed out, Amazon has diversified itself so comprehensively over the past five years that it's hard to say exactly what it is anymore. Amazon has a presence in almost every niche of the book industry. It runs a print-on-demand service (BookSurge) and a self-publishing service (CreateSpace). It sells e-books and an e-device to read them on (the Kindle, a new version of which, the DX, went on sale June 10). In 2008 alone, Amazon acquired Audible.com a leading audiobooks company; AbeBooks, a major online used-book retailer; and Shelfari, a Facebook-like...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

Here's an interesting factoid: last year, for the first time in history, more books were self-published in the U.S. than were published the regular way. Amazon has invested heavily in publisher-free publishing, and it's paying off handsomely. The sector has seen two straight years of triple-digit growth, and on the cultural side, the stigma associated with "vanity" publishing is wearing away...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

Which is why the future of books won't be purely Amazonian. It's not an either/or future. It's both/and. It will have publishers and self-publishers and books and Kindles and probably other devices in it too. The rise of a new model doesn't require the death of the old one. In fairy-tale terms, Princess Alera won't have to choose between the politically expedient Steldor and the mysteriously alluring Narian. She can have them both and live happily ever after. Or if not happily, at least she'll have plenty to read...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

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