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I think some people have or had this idealistic notion of Capitalism where the richest, most powerful people are these individualistic visionaries.

See here.

HAVE ONLY ONE EXECUTIVE - A CAPITALIST WHO WANTS TO SUCCEED
Looney Tunes had the best production system in history. The one most guaranteed for success. There was only 1 executive - Leon Schlesinger. Leon had 2 traits that made him so successful:
1) He was greedy.

2) He liked to laugh.

If you could make him laugh, then he was smart enough to know that the audience would laugh too. The more you kept him laughing, the more time off he could take to go to the racetrack and spend all the money you made for him.

And here.

The HP-35 and probably the entire HP pocket calculator product line was the sole result of a visionary CEO who chose to ignore the market studies and produce what he felt that engineers would want. His view of the market was that if the engineer at the next bench liked it and thought it would make his job easier, then it was worth doing.

It's bullshit, though, or at least it seems to be now. The CEO in that article probably has no idea of his own what makes a "good" game, but he knows about the bottom line (making him a better paid PsychoPenguin, basically).

If you're wondering why games are so bad now, it must start at the top. Can you imagine anyone having passion for what they're doing in that environment?