> wastes the time and effort of everyone involved in the production with no recourse
Those people were already paid for their work.
Those people were already paid for their work.
It's not a problem at all in my opinion.
> Since people like working on art projects, people will often line up to do so even when conditions and pay don't economically square with their effort.
The pay has only to be accepted to be fair. You're free to start your own production company that pays more "fairly" but you'll find yourself with fewer opportunities to give people this "awe" than the company that can finance more projects.
> To benefit from this vocational awe
Warner Bros. is losing money by scrapping the movie, how are they benefiting in this case?