"Ok, I'll take him up on this logic. I'm striking out on where to send my stories, so I thought I'd see what things were like back when Churchill was Chancellor of the Exchequer, and compare to now...
Here's a classic story from the time by a famous author: "The Camel's Back" by F. Scott Fitzgerald.
According to that page, it was published in The Saturday Evening Post in 1920. Fitzgerald was paid $500. The story is 9,000 words long, so that means that he was paid 6 cents a word. Now let's adjust for 2008. The Consumer Price Index (CPI) for 1920 is 20.0. For 2008, it's 211.080. So to calculate what 6 cents a word in 1920 would be in 2008, we do: .06 * (211.080/20.0) = 63 cents a word.
(There's an automated inflation calculator at the gubmint's CPI page.)
The circulation of the Post was about about three million a week in 1920, and according to here it was not only one of the most popular magazines in the US but it was also popular abroad, so publishing in it would definitely make you a world-famous writer.
Ok. We wonder why there are no great American authors today, no authors comparable to Scott Fitzgerald in talent and stature and in the public mind. But let's figure out what magazine today in 2008 (print or web) pays 63 cents a word for fiction and would buy a very readable and entertaining (yet still "literary") 9,000 word short story with not a single vulgarity in it, with a traditional voice, a love theme and even a "corny" ending, and pay a sum of $5,670.00 US dollars (2008) for it?
Editors who are reading this: would you pay 63 cents a word for a 9,000 word story like this? Would you want a writer like this in your magazine? Sorry, Willesden Review, you'd reject this story outright on about ten different "principles", including the many misspellings in Fitzgerald's original draft. Who else. Anyone? David Granger, I know you're looking -- would you buy this, or let Tom buy it? Stacy Morrison, would you consider this for Redbook? Anna Wintour, take off the sunglasses and look: would you buy this for Vogue? Mr. Curtis, I know you have good taste and in real life you're quite a fine fellow, but please: 63 cents a word, 9,000 words and none of them cursings, The Atlantic's summer reading issue, does it add up? I'm looking for readership of millions, here and abroad, and my first guess is The New York Times -- Sam Sifton, you listening? Got room for 9,000 words of good, clean fiction in that culture section of yours?
Then who would do it? And if not, why? Editors, it's up to you -- what the dickens is stopping you?
I'm sorry, but I've tried you all and you're not buying anything like this. I can't list a single market that I know for sure would buy something like this today, at such a rate. I leave it to the rest of you. And I also ask: Is literature in trouble? Is our culture in trouble? Is it worse than ever to be a professional writer?
Yes, Churchill, I'm shoulder-deep in Hell right now. Do I keep going? Where? What to do?"
Doesn't any publisher or editor out there want to give this anonymous rejected writer's work a read? Clearly this is a voice that shouldn't remained silenced. I volunteer to act as agent (no commission necesary).