Paradigm shift?
The global population is immersed in what Thomas Kuhn (philosopher of science) called a 'paradigm shift'. Doubt about the utility of the paradigm was present at its inception, but only nowadays with information stored in digital format, and the almost universal reach of the Internet for propagating digital sequences, paradigms, i.e. copyright and patents, drawing upon the notion of ideas being property to be rented out are specious and anachronistic. For culture expressed in print, an inkling of challenge to rentiers arose when (analogue) photocopiers became ubiquitous. A/V distribution exclusive 'rights' were imperilled by domestic adoption of audio and video cassettes with players capable of recording. The threat to publishers of academic papers arose immediately alongside photocopiers in universities. It took the move into the digital domain before high quality copying and distribution of A/V materials was available to households: 'pirating' textbooks, novels, computer software, and so forth, was not practicable either until wholly digital (storage, viewing, and copying apparatus) was available cheaply.
Purveyors of 'protected rights' content, this purportedly sold on an open market, were 'hoist by their own petard' when suddenly ordinary people grasped the true meaning of 'competition'. Unless kept under lock and key, digital sequences cannot be withheld from the 'Commons'. There is no scarcity. Hence, no 'price discovery'. Therefore, no monetary value attachable to them. The only conceivable connected 'market' to free for all digital is that of selling 'added value' goods and services associated with particular digital sequences.
'Rights' are ceasing to be commodities to be traded. That is a reality brought about by private individuals recognising the ersatz nature of markets for digital entities and through observing the entitlement-dependent 'rip-off' economics of rentiers along with a host of useless middlemen.
What of the noble souls who create, the people now facing penury? That hoary old chestnut is easily despatched when an economic model compatible with real, rather than monopoly orientated, economics is introduced. The market becomes that for creative ability and associated skills: players consisting of individuals and aggregates. They sell their services to other people, to collections of patrons (e.g. via crowdfunding), or to public institutions (e.g. universities, and foundations commissioning works). Industry too can hire innovators; it is free to keep developments as trade secrets; however when secrets escape there is no recourse to copyright and patent law; some start-up companies may find secrecy, if they can enforce it, useful until they find their feet,
The traded commodity is reputation. On that basis patronage is received. The ramshackle edifice of intellectual property law is demolished. In its place will be a small, and easy to understand, body of law protecting creative individuals (and groups) from imposters: there would be a 'criminal' element concerning grave misrepresentation, and a 'civil' element dealing with recompense. Nowhere in the legal backdrop shall there be any suggestion of digitally represented artefacts bearing monetary value.