This is all true. That being said, it's not completely a bad thing. We have to accept that different people are motivated by different things. To run a business, you need both people motivated by money and people motivated by building things. People only motivated by money we work in marketing and management but don't have the mindset necessary to build the stuff they want to sell. So you get people motivated by building things to help. The trick is getting all those people to work together.
Money is a means to an end - profit should not be justification in itself, like it is today. Also, there are other good ways of allocating finite resources - allocation by money tends to create long-term winners and losers, as it is usually allowed to propagate across generations, reaching absurd levels such as people living off good land purchasing decisions made by their ancestors centuries ago. Sure, allocation by money is better than allocation by force or allocating all resources to the king, but it's hardly ideal.
Either way, we weren't discussing limited resources here, but just the opposite: creating new value. There are people who actually create the useful items or services, and people who profit off it - and we have all mostly accepted that it's good and proper that these are different people. But looking at this with a cold rationality shows it to be absurd: we take a group of people who are interested in something of use, and instead of letting them do it, we take another group of people who just want to accumulate money&power and put them in charge of deciding how the useful thing will be produced. This is quite obviously absurd, and it has led to global warming denialism, cigarette cancer denialism, and so many other issues.
> There are people who actually create the useful items or services, and people who profit off it - and we have all mostly accepted that it's good and proper that these are different people.
No we haven't. People can be sole traders, and that's fine. What you're missing is some things need more capital to pay those people than is guaranteed return on investment, and thus that taking a risk is a valuable thing to do in and of itself.
