I'm glad we agree that he shouldn't be making money off it. I don't think you are aware of how he contributes to what is already a difficult problem for recording artists. He's not the only reason I'm getting screwed, but he's definitely part of a larger picture.
He's actually an afterthought in why you're getting screwed. The labels are the primary, and until artists realize it nothing will change. However, they hold such a monopoly on things these days that even an established artist with a large fan base cannot really go it alone.