I don't think it is. I think it's a realistic assessment of the fact that most people put their pants on one leg at a time. Some of these rants treat "corporate executives" as though they are a class of hereditary nobility who spend their entire lives in big corner offices, plotting how to screw everybody. They are totally unlike us Ordinary FolkTM... a sort of alien presence governing our lives in some mysterious way.
Can't anybody here play this game? These are the same clowns you went to high school with, except that some of them got lucky or worked their buns off or married the owner's daughter. They don't know what they're doing any more than anyone else does. Twenty years ago they were a bag-carrying salesman. Ten years ago they were sent to run the Middle East-Africa Division, where 15 of the 19 countries they operate in had active armed combat going on in them, or were being ravaged by disease. Bigger problems, but the same answer: Now what? After five years of that and a stint running Manufacturing & Engineering, they get to sit in the big corner office and make mistakes that cost billions instead of millions.
Evil? There are some. But mostly they're just guys who go to work every day and try leave things a little better than they found them.
What did happen since? Tell us about that. See if you can do it without turning six examples into a smear on a hundred million people in two million organizations.