It's Time to Stand up to the Academic Publishing Industry: Here’s How
Academia is unique in that professionals with highly specialized expertise, who are paid by public institutions, write articles and provide peer reviews to corporations who profit greatly without giving back to the research enterprise.
Peer review appears to be a poor predictor of impact
David Kent breaks down an eLife article that suggests peer review scores cannot distinguish very good grants from excellent grants. In fact, at a certain point in the process, it is pretty much a random lottery.