Not in the US or the EU. If you make music in the States, then RCA or Sony owns your content, not you, and when they decide they've paid you enough (which is much less than they're getting) then they still own your stuff. Also, if you make an amazing film or TV series ( examples: Inception, Firefly ) and the moguls don't like it, they'll make sure it tanks or at least doesn't get aftermarket support, which is why Inception doesn't have any video games tie-ins, despite being a perfect setting for video games.
Artists are empowered in their ability to produce art. If they have to worry about hunger and shelter, then they make less art, and art narrowly constrained to the whims of their masters. Artists are not empowered by the art they've already made, as that has to be sold to a patron or a marketing institution.
No, we'd get more and better art by feeding and housing everyone (so no one has to earn a living ) and then making all works public domain in the first place.
Intellectual property is a construct, and it's corruption even before it was embedded in the Constitution of the United States has only assured that old art does not get archived.
I think yes, an artist needs to eat, which is why most artists (by far) have to wait tables and drive taxicabs and during all that time on the clock, not make art. The artists not making art far outnumber the artists that get to make art. And a small, minority subset of those are the ones who profit from art or even make a living from their art, a circumstance that is perpetually precarious.
But I also think the public needs a body of culture, and as the Game of Thrones era showed us, culture and profit run at odds. The more expensive art is, the more it's confined to the wealthy, and the less it actually influences culture. Hence we should just feed, clothe and home artists along with everyone else, whether or not they produce good or bad art. And we'll get culture out of it.
You can argue that a world of guaranteed meals and homes is not the world we live in, but then I can argue that piracy (and other renegade action) absolutely is part of the world we live in and will continue to thrive so long as global IP racketeering continues. Thieves and beggars, never shall we die.