The decline of literary editors

By Jean Naggar in The Huffington Post:

...as a literary agent for these past 33 years, I am compelled to express my observation that over the past decades, the editorial role has been profoundly devalued. As corporate structures have gulped down and digested independent publishing houses and imprints, their corporate agendas have brought about a slow steady erosion of reliance on the editor's skill and intuitive vision. In order to release the magnificent sculpture that such an editor may perceive in a stone, the work of editing takes time, focus, sometimes isolation, silence, deep cogitation, and some eureka moments when the objective eye finally perceives the solution to a thorny dilemma. Few editors today are granted the luxury of so much quality time.