Incorrect.

First, a bail system still will exist in California, just not a money bail system.

Second, most of the history of money bail didn't require up front payment and specifically prohibited those providing surety from getting paid.

So, yes, it's quite possible (and the historical norm) to both accept bail systems as legitimate—even specifically when money bail systems are seen as legitimate—and view anything like the current American profit-driven predatory lending and privatized fugitive apprehension industry surrounding it as quite illegitimate.