This assumes most of innovation is driven by hope of getting incredibly filthy rich, an assumption which I can provide plenty of counter-examples for. Eliminati

This assumes most of innovation is driven by hope of getting incredibly filthy rich, an assumption which I can provide plenty of counter-examples for. Eliminating all patents is of course counter productive as their advantage is obvious, but the current patent situation is far from being optimal (understatement of the day) so I'm certain a whole range of improvements are possible which will encourage innovation and do not necessitate switching over to communism...