Sci-Fi novelist Walter Jon Williams explores the collapse of Borders Bookstores, especially in terms of its effects on writers and publishers, and his conclusion isn’t all that optimistic:

How many more Publishing Apocalypses can we writers stand?

Writers and publishers — already reeling from a publishing world turned upside down — will take a hit due to Borders’ collapse, but don’t forget the publishing industry was stumbling before ebook markets exploded, and Borders was… well… stupid.

Their online strategy consisted mostly of sticking their fingers in their ears, and what online assets they did have were simply relabeled versions of other people’s stuff.

This Publitariat blog article assembles snippets from other articles which detailed some pretty appalling management decisions.

For example, rather than send most of their classical music CDs to the metropolitan areas — where demand for classical music was highest — Borders distributed them evenly around the country, shorting fans in metro areas and paying for inventory that was never going to move in rural areas.

Stupid.

And based on this Slate article, “stupid” extended across the enterprise.

The ebook didn’t kill Borders, Borders killed Borders.

And while the publishing industry continues to thrash about in the face of ebooks, I’m going to make a couple of admittedly personal observations about ebooks:

  • I bought (and read) more books in the last six months (since buying a Nook reader) than I did in the prior two dead-tree years

  • I bought several of those ebooks largely as a show of support for a specific writer — something I’d never do with an expensive hardback

  • Ebooks offer more pricing and delivery options than print; that translates to promotional and marketing flexibility, a good thing when you’re trying to hook new readers on a writer’s work

Watching 10,700 workers hit the unemployment lines in a recession that seemingly won’t end (unless you’re a CEO) is not pleasing to the eye, but it’s what happens when the corporate IQ falls below “should be handling sharp objects” level.