I don't think I'm suggesting that. For example, libraries will still purchase books, and they will undertake licence agreements with organizations that service them. I wouldn't restrict the discussion to collective licensing per se. There is also the matter of individual copying for the purposes of research, private study, criticism, and review, which is currently subject to a licensing regime, although that's been disputed ever since it was first introduced several years ago.
I'm not sure that I've begun to answer your question.