Why would it not be adequate? What more is needed? The prospect of becoming a billionaire?
And, assuming you are an advocate for copyright since you haven't proposed anything else, have you ever considered what we're missing out on because of it? Copyright excludes a metric ton of content production by definition. It doesn't allow you to do anything that would otherwise not be possible, but forbids a lot that otherwise would be possible. Of course it's somewhat harder to point to examples that cannot even exist under the current regime, but use your imagination. There's a huge advantage in cost and effort in being able to build on what came before, compared to making everything from scratch every single time.
Open Source software and Wikipedia are perhaps the closest examples to what would be possible, but they're still very much hindered by copyright.