New York Times Article

1. Amazon Signs Up Authors, Writing Publishers Out of Deal
2. Synopsis of the article - Amazon is now publishing books for authors, so authors do not have to publish their books with the traditional publishing houses such as Penguin and Melville House. Many authors have gotten in trouble with their publishers because they publish other books with Amazon. The publishing houses are afraid of what Amazon will do to their business.
3. Identify the stakeholders (people who have a vested interest in the scenario) - The stakeholders are Amazon, the other publishing houses, the authors who want to publish their books, and the consumers who buy the books. 
4. Identify AND describe the social and ethical issues related to the article - The social and ethical issue related to this article is intellectual property because the publishing houses believe that they own their published books while the authors believe the books are their own. 
5. Identify the area of impact (look at the front board on the left) - The area of impact is Arts, Home, and Leisure because the issue deals with books, which is a form of entertainment. 
6. What is your opinion of the issue? i.e. How does it affect you? How do you feel about that? I believe that Amazon could turn into a monopoly if they continue to create services that knock out competition. This will affect me because I am a consumer and I will buy books at some point. If Amazon is the only publisher and seller of books, I will have to buy the products from them. 
7. What future impacts/changes do you think will occur? I think that Amazon will become a monopoly in the book world. They are quickly becoming a monopoly in the field of internet book sales and may become a monopoly in the publishing field.