People need to be compensated for their work, that may end up being an awful lot and probably in excess of what they need, but that’s how it has to work. Any other system would just disincentivize people from putting in the effort, in fact it would force them not to because they would have to do something else in order to earn enough money to live. The precise opposite of your desired outcome would happen, the rich would produce endless amounts of content just to more money, and all the smaller artists would have to go and get a job in Costco or something.

The only way your idea would work is if we completely change the economic system and got rid of money. Which I’m all in favour of but I suspect is probably outside of the scope of copyright law.