I personally know several people who were able to start successful careers solely based on their inventions and the protections afforded to them via patents. This seems extremely short sighted. In fact, the bigger issue to me is that patents don't matter for companies located in countries where they are not recognized (e.g. China). The biggest issue with "some little guy in his garage" inventing stuff these days is that within weeks of selling it on amazon, it'll be copied, cost reduced to a essentially non-functional version, and sold for 1/3 the price all while pushing him down in the search results via borderline illegal SEO strategies.
The patent system needs to be fixed, not done away with.