Literary fiction doesn't sell, deal with it

That perennial argument about the End of Publishing has started again. My favorite analysis is from It’s Only The End of Rose-Colored Glasses in part:

There was never a Golden Age of Publishing where people bought only high-brow fiction that elevated the mind. It’s a figment of your imagination.

The whiny elitism is strong in the original piece. It does make me wonder if they've been in a bookstore lately.