An amalgamation of Corporate and Bureaucracy. Meaning that even the most nimble startups eventually end up becoming corporacratic beasts. Where BS jobs are invented. Where there are more middle managers than individual contributors. Where buzzword bingo is the lingua franca.
1. Inventing ways to not pay people is the corporatocracy at work.
2. In a corporatocracy, having meetings for the sake of meetings is seen as 'work'
3. The BS created to get in the way of progress is how the corporatocracy justifies paying middle management.