Agent Smith is wrong, I agree. But it is not capitalism or profit incentive that is the cause. He is wrong, because we can grow and evolve to be better. Capitalism is a means to an end, the end has been the same long before capitalism or Stalin-marxism. A certain subset of people will always abuse power, money does not matter. If the average people can band together and put aside differences, we can grow beyond the old paradigm and cast aside the power corrupted people.

"Every mammal on this planet instinctively develops a natural equilibrium with the surrounding environment, but you humans do not. You move to an area, and you multiply, and multiply, until every natural resource is consumed. The only way you can survive is to spread to another area. There is another organism on this planet that follows the same pattern. Do you know what it is? A virus. Human beings are a disease, a cancer of this planet, you are a plague, and we are the cure.” ― Agent Smith