Your framing is a piece of the general principle as far as I am aware. It's a multipolar trap that is hard to see because we're embedded in it, and in the short term a lot of actions appear rational, but have externalities that are only felt in the long term.

SSC's Meditations on Moloch is one of the best (and longest) essays I've read on this maximization issue.

https://slatestarcodex.com/2014/07/30/meditations-on-moloch/

https://www.worldanvil.com/w/parastellis/a/multipolar-trap-a...

https://en.wikipedia.org/wiki/Externality