Not quite. If you abolish copyright, then some place like Google or Amazon will be the only one who will make money. Authors will get zero, relatively. The second you publish your book, Amazon will instantly republish it and collect 100% of sales.
Instead, shorten the length to 25 years or so. We simply need copyright to not be extreme. And zero years is still extreme.
You don't need to abolish copyright, you just have to limit the scope to the economic mechanism that actually matter for authors: reproduction and distribution of the reproduced works. Removing all of copyright except that combined right will still give authors the ability to license under the terms they find reasonable and viable, without harming any of the consumer abilities that we've come to expect.