I understand the intent, but needed is a strong word. The reality is that IP protection is used 1000x more frequently to screw over independent artistes than it it is used to help them. I would argue most independent artists who do make their living, do so in spite of copyright law, rather than thanks to it.

There's a hypothetical lib dream capitalist paradise out there where laws are half-thought through and applied fairly and some limited number of artists can now profit off their work thanks to IP law being 'correctly' applied. But trying to make a capitalist world where IP law actually works is like trying (and failing) to rearrange deck chairs on the Titanic.