How many songs go unsung, how many books go unwritten, how much genius is wasted because the would-be writers, artists, and authors are instead wasting their lives scrambling to make next month's rent?
Yes, most of them are poor, and now you want to take away their right to make money from their work.
If you actually care about the truth, compare the number of songs and books written in the past 100 years to the number of songs and books written in the rest of human history.
And if you really want to see the majority of songs unsung and books unwritten, take away any chance for people to make a living doing it.