@joshjacobsen people opted for economic "efficiency" defined in some arbitrary way and religiously optimised for it in a spreadsheet. Scale up some accounting metric or move out of the way.
To paraphrase a well known #sustainability cartoon, "we destroyed any sense of locality, tradition, community and social contract, but for a brief moment in time we reached a glorious GDP number".
Ultimately its just stupidity and narrow greed. Optimizing multi-dimensional objectives is harder.