The 20th century provided plenty of evidence supporting the notion that the profiteer's efforts were considerably more productive than the statist approach, with one of the main distinguishing feature being that people chose to pay the profiteer's cut for what they wanted, rather than being forced to accept what the statist was able to obtain a backhander for.
The better game is to appropriately incent the greedy, rather than to pretend there is no greed.