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The problem is that most of the (substantial) work you highlight above is done by the academic community (mostly paid by the public purse), while most of the (substantial and above-market) profits go to the private publishers.



I described the job of the editor -- for the good for-profit journals, they are, to the best of my knowledge, paid:

e.g.: https://www.nature.com/nphys/about/editors https://www.nature.com/nature/about/editors




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