He used 'money' for 'profits' apparently. Profitmaking is the problem. Money is just a vehicle. And you can abolish profit-making through an open-source world: Projects can get started to create infinitely repairable, durable, and modular products based on standards instead of profit-making through planned obsolescence or farcical 'new features'. These products can get used and maintained by their users for decades.
But again, we are required to make money/profits/bazingas/whatchamacallit to survive. Our production tools are computers and computing. How do you survive? Just have rich parents? There needs to be an evil demonic profit maker somewhere.