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i think the main thing is there seem to be no products you could make out of Spooce everything in Oddworld seems to be profitable apart from the Spooces
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Here lies the diametric inherent in the philosophy of Oddworld games, regardless of whether we accept Spooce as canon or not. It's not that Spooce is inherently useless but rather that this form of "spiritual currency" serves no real purpose in the late capitalist society that industrial residents of the Oddworld society find themselves in.
Looking into what lore we know of Soulstorm and the missed opportunities of Munch's Oddysee (and Hand Of Odd), we see "Spooce" or "Chi" being incredibly useful. Just not in the our current traditional sense of
Money = Product.