Comment Corporate corruption is also a cause (Score 1) 398
I know an Indian independent contractor who worked on contract for a large electric utility. He managed six warm bodies provided by some Indian company. His contract came from some company that had a contract with another company and the grand parent company was the vendor to the electric utility. Each was padding up his hourly rate. It was rumoured one of the shell companies that did no work other than to shuffle paperwork and skim 10$ an hour from each contractor was owned by a relative of the top IT manager of the electric utility.
There are perverse incentives in the system to roil an smoothly working system, promise heaven and earth using some powerpoint magic, and deliberately trigger a crisis. Crisis means no bid contracts, crazy decisions and highly inflated costs.