He contends authors need publishers to edit and publicize.
What I found most interesting was not what he said, but what was said in the comments section. Those are more worth reading than the article itself. Here are just three snippets from different commenters:
The music independents by-passed the industry, so why not the same for books, and anything else for that matter? Mankinson knows this deep down but of course he's not going to admit it, he's been making a pile of loot out of those who do the hard graft for a long time and would like to continue to do so.A lot of you are published authors, either through the traditional method or through ebooks (or both). What do you think?
The only really essential service publishers provide at the moment is distribution; the future may eradicate that need as online retailers increase in popularity. I wish publishers were essential and really were the protectors of literature that they pretend to be, but they are becoming less critical every day.
In five years, the big publishers may well be wiped out. If you want to know why, just ask your local newspaper man what's happened to him.