Advertisers have zero scrutiny in tracking me and extracting as much personal info as they can, so accusations about dishonesty about faking an incentive to buy something doesn't really reach my conscience too much.

Do we have examples were sites were banned for this behavior? I think "click fraud" doesn't actually fit, since it is not the operator of the site who is responsible. I would be more open to call that behavior fraudulent. I mean cases where users fake their activity.

edit: And if true, why wouldn't I go to google.com and let it run there for a while? Just researched the Google really put effort in banning it.

Many sites were banned from running ads.

Google.com ads are search specific. They'll ban you first, before stopping ads.