Corporations are a lot like politicians. Often they start with a good idea, or at least an idea, in the form of something to sell.. If that thing is a success the corporation becomes bigger. Soon the career – which in the corporation’s case means growth – overwhelms the good idea that started it. Wall Street clamors. Executives seek to justify their outlandish pay. The result is a grim battle to grab more, and then more, without end.
The problem is not bad people, though often they are not strong people. The problem is encoded into the institutional machinery. The modern corporation has no capacity to say “enough,” or to declare its job done. It always must find another job, and then another, to yield a return for the shareholders and justify its existence.