Well it has existed throughout history.
We haven't discovered great ways of winning wars or building empire without being inefficient and treating people like pawns.
Our history books don't spend time making us think about the morale of the front line soldiers in Alexander/Genghis Khan/Napolean/Stalin's armies. Instead we have entire shelves of books devoted to the mindlessly ambitious guys at the top of the food chain.
We make Edison an icon and give Marconi a Nobel, but if you know your history, these guys ended up at the top of the food chain because they were ruthless. It hardly mattered what Oppenheimer/Einstein/Feynman thought about the nuclear bomb. Because they were the "factory".
Much like the "factory" of people at the pentagon/wall st/google/facebook etc.
We still haven't figured out a good way to keep "factories" running or expand/defend empires without propping up mindlessly ambitious people. The inequality rates suggest our faith in them is at an all time high.
Our current default method much like the cold war or a chimp troupe, is to keep mindlessly ambitious people at the top of the food chain constantly paranoid about each other. Ofcourse we can do better. But the agency isn't there yet. For example, Facebook could turn into a Wikipedia type entity by tomorrow if the "factory" of workers revolt.