At the two extremes, it's up to authors or the public.
First extreme: an author gets to an older age than when they wrote the book. The book looks outdated now and is problematic in some way. The author feels this internally and hopefully it's without a bunch of pressure put on them. Maybe their heart has changed on issues which might be described as 'woke'.
I think they have the right to rewrite the book for any reason they like. And release another edition of it. Mary Shelley did this (for artistic reasons rather than 'problematic' ones) with Frankenstein.
Or:
Author has been dead for 70 years. Copywrite has become public domain.
People ought to be allowed to write 'woke' versions of their books if they like. However it likely has to add more than just 'wokeness' to sell. Doesn't mean for eg that a gender swapped version of Sherlock Holmes wouldn't be a good book, it just means that the new author needs to add something more to it than that and that the new author needs to be able to write well. They'll do this best if they respect the original books first.
I wouldn't like an author to decommission their original books for reasons of wokeness. I don't like that Dr Seuss' publishers did this. But it is the right of authors and publishers to decide this. After all, books go out of print all the time.
It's also their right to choose to write a new version & if they added to it then I might be interested in reading it.
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Now the in between bit is whether the estate of a newly dead person gets to do it.
I don't think they should be allowed. It's not their book and it's not yet public domain. And so many people want the world to have a romanticised version of their relatives, especially their dead relatives. We open up the right for grandson to censor dead grandma's erotica if we let granddaughter censor dead granddad's book for not being woke enough.
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Not actually a girl
He/him