Yes and yes. It is a narcissism factory. It attracts narcissists as employees and churns out little ones.
I remember my wife asking me for something when we were married for the first many years. She didn't know the word for it and neither did I. I would later find out as I read self-help books that the word was "empathy". I barely even saw other people, certainly lacked the ability to perspective take, and had no clue how to get there. I'm now quite good at it, spoken like a narcissist, lol.
It's hard not to be narcissists when you're God's chosen people but you're also a worthless piece of crap that has to struggle against your very nature daily to possibly be saved from this worthless existence in a world that doesn't matter. You can easily become consumed with yourself to the exclusion of everyone around. There's a great book called The Narcissistic Family that nailed the family I grew up in and helped me.