David Graeber's book "Bullsh*t Jobs" is about that.
These companies main priority is not efficiency and productivity. If it was, they could hire less people to do the same work and that would foster unemployment.
They have a political and social role: hire as many people as possible. Keep them employed and busy and keep an eye on them.
Become too big to fail and you'll be rewarded with overbudgeted contracts (and even bailouts, sometimes).
David Graeber's book "Bullsh*t Jobs" is about that.
These companies main priority is not efficiency and productivity. If it was, they could hire less people to do the same work and that would foster unemployment.
They have a political and social role: hire as many people as possible. Keep them employed and busy and keep an eye on them.
Become too big to fail and you'll be rewarded with overbudgeted contracts (and even bailouts, sometimes).