Problem is your entire argument is based on assumptions with absolutely no scientific base. Why do you assume there is an economic problem in producing content? Why does it need solving? I call bullshit, there is no inherent trade off to balance. My theory is that we could remove all intellectual property laws and once the dust settles only objectively good things would come out of it.

It’s not a bit more scientific than your argument. I do believe it’s true. But that is precisely my point. Whatever theory underlies IP and it’s benefit to society is entirely based in speculation.