[ouid]

Like many human inventions, it started out good and got worse as people got better at exploiting the flaws in the institution. Those exploits eventually get bad enough that they can escalate to creating new flaws to be exploited until the whole thing is captured. Most institutions are somewhere along that path.

My personal philosophy about such things is to think of Hanlon's razor as a boundary condition. The longer an institution has been around, the more likely the incompetence is actually just well disguised malice.