please see other responses - the U.S model of copyright is not the only one in the world and many other places do not believe the purpose of copyright is to foster human progress.
>Moreover, while your entire story has proved a complete and utter failure
I'm thinking you probably don't know anything about the pricing of short stories?
At any rate in the example given I supposed that a short story can earn higher rates than normal rates for short story publication which might, if you are lucky, be somewhere around a few thousand dollars at publication in magazine form, some more thousands at winning an award, and then in a collection of short stories where it might reliably earn 10000 dollars a year (for its share of the whole collection length of something), note - that would be an extremely successful short story as far as short stories go (without selling media rights)
Obviously this varies depending on where you sell your stuff, and if you earn money for awards.
Let's say you sell to the New Yorker
http://quick-brown-fox-canada.blogspot.com/2015/02/the-new-y...
so you earn about 7,500 for the short story.
The award that has paid out the most for a short story ever evidently paid 30 thousand pounds https://lithub.com/read-the-story-that-just-won-the-biggest-...
You may not know this but very few stories win awards, awards being structured to be relatively rare. Obviously if someone has not one an award for their short story you may consider that their work has been a complete and utter failure, but even so...
let us consider if someone sold to the New Yorker, which hopefully you will agree is likely to be one of the better paying markets and evidently by your calculation one of the short story markets that publishes things that are not complete and utter failures (because it pays more than others right?), and if they then won the highest paying award ever they would have another 30,000, now assuming this short story is part of a collection of short stories and the author is really popular I think we can say this short story in the collection makes about 10,000 per year.
in 16 years that is - for one of the most successful short stories in the world - 197,500 dollars.
on edit: I really find it amusing that HN of all places really wants to limit how people can make money on what is an entrepreneurial activity - sitting down and writing a story and then trying to sell it.