In the meantime, in a rational market, a product commanding a 50x markup would quickly have its price driven down by competitors, which is more evidence that our markets are dishearteningly irrational. Profit represents market inefficiency.
Similarly, Markets are not a monolith so this doesn't prove anything about markets in general. Economics is a broad science which works to establish a model of commerce, with varying degrees of accuracy and utility.
Profits are not an inherently bad thing or dirty word. It just means that surplus value was created by a transaction, and workers can profit too
I feel like you are setting up strawmen positions for economic theory, using more economics to refute them, and then claiming economics is bunk.
In other news, it cost around $4 to mine each carat of Canadian diamond worth $100.