Recently, I saw a comment on one of the many message boards that said, more or less, that the profit motive is the key to innovation.
Bullshit on that. Smart people will do smart things, if so allowed, irregardless. It's what they do; just like the scorpion, the frog, and the river. Paying stupid people more money doesn't make them any smarter. Or capable of doing smart things.
Money can't buy you brains. Not to put inside your skull, at least.