"... code should be generated to make a profit for everyone combined."

Oops. I think the SP of the majority of stake doesn't agree with you on this. Those 35 whales seem to prefer code that profits them instead of everyone. That's why this is the code being proposed by their chosen witnesses. When you look at things from the perspective of the history of Steem, that's clearly been the impetus behind extant code. Looking forward, it's reasonable to predict that's what this code is intended to do.

Less rewards for creators, and more rewards for whales. It's that simple.