Earlier quoted context omitted.
No. This is an example of “have your cake and eat it too”. Scientists want to publicize in a prestigious journal. Elsevier is prestigious. Elsevier charges a subscription fee. Other scientists can’t access it. So what scientists want is to be able to publish in the most prestigious journals and have free access to them. It’s like if I said “i want to be able to attend the most prestigious school but I don’t want to p…
Except in this case, what makes a journal prestigious is not the subscription fees that the school has to pay, but the free work of editors and peer reviewers that perform selection from the submitted papers. There are free-access journals out there that charge virtually no fees, and still have excellent quality / reputation. One such example is Quantum: https://quantum-journal.org/
And it's certainly not the peer review that makes it prestigious since those are anonymous.