The title is one of Parkinson's law.
I have noticed this in the supposedly "free market" (which has never existed).
My father was a general contractor, and I still get along better with blue-collar guys than faggots with advanced degrees, say the worthless MBA.
Since I was raised blue-collar/working class, when I got out of college I didn't have much of a clue about certain things.
I used to work for an MBA who thought he was the publisher of a daily newspaper. He promoted a guy with psychopathic tendencies to the manager of classifieds. For some bizarre reason he also put him in charge of two weeklies owned by the paper (I was the editor of one of them). This semi-psychopath was a catastrophe, yet it took seven years to get rid of him.
I realized that the top officials in a business don't hire people who are better than them because they could be a threat. They hire people like them, ony not as competent. Then those people hire people like them, only less competent.
It was astonishing. A hires B, who is worse than A, then B hires C, who is worse than B. So there is a cascade effect of incompetence and stupidity.
On the other hand, I noticed in the blue-collar trades, the boss wants the most competent people he can get, and is a mentor to them. That's what my father was.
I have never seen anyone white collar who was a mentor to anyone. All I ever saw was backstabbing and politics and envy.
"First, there will be those who are devoted to the goals of the organization. Examples are dedicated classroom teachers in an educational bureaucracy, many of the engineers and launch technicians and scientists at NASA, even some agricultural scientists and advisors in the former Soviet Union collective farming administration.
"Secondly, there will be those dedicated to the organization itself. Examples are many of the administrators in the education system, many professors of education, many teachers union officials, much of the NASA headquarters staff, etc." - Pournelle's Iron Law of Bureaucracy