Why did the Turks tolerate crappy construction in an earthquake zone? Large businesses are by definition hard to compete with.
As for why they do it, businesses are fundamentally amoral. Take your average Silicon Valley entrepreneur and transplant them into Somalia with no way to leave, and they'd be figuring out the ideal way to capture cargo ships and hold their crews for ransom. Then if said crews were raped by some misbehaving underlings, they'd try to disguise it to maximize the profits.
It's the meta joke behind the entire Silicon Valley TV series. Some characters are more likeable than others, but almost all of the key players are fundamentally incompetent/insecure/exploitative people that you wouldn't want in your life given the option.