It's even worse than that - a single person working you to death for his private island could be sated, could have a change of heart, could reduce the workload.
Everything is managed by managers for the same managers - there's literally nobody in charge; the bureaucracy perpetuates the bureaucracy for the sake of the bureaucracy.
Corporations are a form of memeplex, a living entity that sustains itself with a set of rules and incentives.
If you consider a beehive or an ant colony to be a single living entity, then a corporation probably is too, it's a single larger entity with its own homeostasis and agency, even if it incorporates individual organic actors into its being.
"profit-seeking" is the goal we have chosen to encode most of them with in their bylaws. Non-profits (in principle) have different pro-social goals (I'm ignoring the Komen Foundation-type "mimics"" here). And that's what they do.
Everything is managed by managers for the same managers - there's literally nobody in charge; the bureaucracy perpetuates the bureaucracy for the sake of the bureaucracy.
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