There's nothing evil that's intrinsic to MBAs either.
I have an engineering degree and an MBA (and an IT degree). Before I did the MBA I had a lot of vague bad feelings about MBAs and the folk they produce. Now I have very specific bad feelings.
I believe degrees shape you as a person. Engineers are trained, through classes, group projects, and a consistent problem approach to see the world in a particular way. It has a lot of significant advantages, engineers work well together because of that shared worldview. Legal degrees shape people to view the world and approach problems in a particular way, not too dissimilar to engineers. Other degrees such IT/Software Engineering influence you but don't shape you as much.
MBA degrees shape people. The consistent theme through an MBA is optimization, optimizing a company to achieve profit. They talk about there being other things that are important, but then the assignment is to make you optimize X for profit. It appealed to my Engineer brain, how to create a system that achieves an optimal outcome. The basic knowledge they give you on accounting, finance, economics, statistics, operations, strategy, leadership, negotiation, hr etc. are all tools for your toolkit in crafting these systems, and the exercises are almost always focused on using those tools to maximise profit.
So when a person with MBA training sees something, a system, a rule change, an emerging problem, anything... The training kicks in, how does this thing impact maximising profit, using the perspectives and tools available, how do I adjust my systems?
The process shapes someone, it doesn't rebuild them, so their underlying beliefs and drives are still intact. The training can also easily be reoriented to optimise other systems. But an MBA also self selects for people who are more likely to be profit focussed, it is a business degree, and then it groups them together to influence each other.
MBAs are trained to optimise capitalism, exploit its flaws, and extract maximum value. I don't think that is intrinsically evil, but it certainly isn't intrinsically good.