There's a lot of truth in what you wrote, but I would point out that it is the music "business", not music "benevolence", "beneficence", or "philanthropy".

Record labels exist to make money, no different than any other company or corporation. It's absolutely not the path for everyone, and believe me when I tell you there's a lot about it that I loathe. However, it also puts food on my table and a roof over my head, so I take the bad with the good.

My comments, btw, are not intended to be discouraging. As I said somewhere in this thread, there is always a way to monetize music and make some sort of living doing it. I was specifically addressing a theoretical business model that I simply don't believe will work, for the reasons I mentioned. I intended my thoughts to be taken and applied more along the lines of "well, if this plan won't work, I need to find a different plan."