I wonder if there is any artistic benefit by marrying the arts with a deeply capitalist system. Obviously as this article mentions its not great for the artists themselves, but perhaps the cutthroat nature of the industry makes it so that only the best of the best rise to the top, even if it means it comes from an independently wealthy musician.
Music is a commodity. There's already more music available to let my playlist run for years without repeats. Plus it's never been easier for folk to create, and publish, new music. With endless supply comes diminishing unit value. So, not to be brutal, but playing music is not an especially valuable thing, and so people really don't need to pay much for it. Ditto for writing books, making ceramics, pretty much anythi…
I feel like these conversations often ignore the middle class of musicians that make a decent living gigging, touring, doing studio work, publishing with small labels, etc., but are not making huge money pumping out top 40 hits and filling stadiums.