Sorry, but the vast majority of artists have always been screwed. Up until recent years, relatively few musicians could even enter recording studios, not to mention get signed by any label, get distribution deal, etc. Today, we have home recording studios, distribution via streaming, not a lot of money to create label. The chance of an artist being heard has never been greater, thanks to streaming.
Yes, most artist receive very little streaming revenue, but more obscure artists never made any money prior to streaming, and vast majority never even got recorded. At least the more obscure artists have a much greater chance of being heard by the general public today, simply being heard must give at least some satisfaction. I know I've been exposed to far more artists via streaming, some I continue to follow. In recent years, I've attended concerts of some of these artists, live performance best avenue for generating revenue for most musicians.