>the practice of writing and publishing genuinely good work is being wiped out.
Most of the best literature in the English language was written before modern IP law was even a thing. There's very little good literature written by authors primarily motivated by money.
That's just cultural elitism. I hope you meet someone in your life who finds absolute joy in reading young adult romance novels or D&D fantasy books so you can understand how irrelevant "good" literature is. I love Dostoevsky and Verne (and D&D novels, especially those written by R.A. Salvatore), but I would never judge the modern "IPs" that got my daughter into reading.
> best literature
What does that even mean?
How much of that literature was written by wealthy landowners who already had little need for money?