While I sometimes describe myself as "libertarian", this is actually closer to one of my core positions.

Large organizations become large because somehow, at some point in their past, they discovered how to produce some sort of wealth greatly in excess of what they were spending to produce it. This creates security for the entity. This security means that they are no longer getting feedback from the real world about what is working and not working; long before the feedback reaches the people in the organization it needs to reach, it has been absorbed by the buffers of high wealth and a lot of people. Consequently the entity begins acting without feedback from the real world. As control systems theory would teach us, the system begins slowly-but-inevitably spinning out of control until it finally exceeds its buffers and comes down in one or another form of catastrophe.

I've phrased this in "wealth" and "feedback" because it has jack-shit to do with "capitalism" or "socialism" or anything else. It's a general problem with things that get too big. (It does so happen to be a special case of this problem that many, many people want to pile everything into one big entity and call it the "government", but the problem is very widespread beyond just that one case.) Everything needs feedback to stay connected to the real world, and any time that an entity gets too large to respond to feedback, trouble is assured. The bigger the entity, the bigger the trouble. Big governments, big corporations, big anything is dangerous. And it's not because of some mystical badness due to largeness, it's very specifically their ability to operate without or even despite feedback from the real world. It isn't magical thinking to think that's trouble... it's magical thinking to think that entity could ever operate without feedback. Despite how this may appear to be ideology, I consider this engineering, and rather simple engineering at that.

Smaller organizations can still do very bad things. My parents happen to live in a township (a local government entity that stands in for a town/city in the rural area they live) that did something very financially stupid and now they've got some disturbingly substantial extra taxes to pay for a few years to pay it off. Smallness didn't prevent the township government from doing something stupid. However, the people who did that stupid thing were immediately outsted and will never serve again... that's feedback. When's the last time you heard that last bit from a big company or government? (Who in the Federal government has ever paid for any of the bad things that you can name in the past 14 years? It's not an empty list, but it's a short one for such a massive entity and long time.) And there's a township full of people now keeping a closer eye on what financial commitments it makes.

So, with that foundation, I'd submit a lot of these bullshit jobs are themselves an expression of the fantastic, astonishing wealth we've generated as a society. We have them because we can afford to have them. And don't forget the fact that the people with bullshit jobs are applying their full human intelligence to the task of looking busy, whether they are doing it on purpose or otherwise. When an entity is large and flush with cash, it lacks the motivation to push through the fog of deception and start ensuring that people are actually generating value.