Just because you dislike it doesn’t mean it’s not a useful framework.

You've got your arrow of causality backwards. People dislike it because it's a useless framework when taken in the simplistic way you've presented it.

The actual concept doesn't say that you can only make a profit by stepping on people's heads. It says you can't profitably do the same thing in a market forever. You have to introduce new and better products, which you can profit from until your competitors catch up.