[nilved]

No, monetization is, like the rest of capitalism, intrinsically evil. As a counterpoint there are plenty (actually, significantly beyond the bounds of "plenty") of websites and tech companies that operate entirely without revenue. I think you'd find, in fact, that these collectives are the ones with real creativity and humanitarian interest. When you're beholden to investors, users become second-class citizens. Showing them advertisements or having board meetings to talk about how best to exploit them is very far from ethical.