Corporate employment: a modern-day kind of slavery?

You can only be a wage slave if you work solely for financial gain. Since leaving would be exceedingly bad for you and your family, you are unable to do so. For instance, leaving your job in America may result in the loss of your health insurance as well as of your salary. This appears to be harsh. The fact that quitting puts them one broken arm away from bankruptcy prevents many wage slaves from leaving their occupations, regardless of their desire to do so. Many employees, including those in the meat industry, are forced to increase their risk of contracting the virus at work during the epidemic. Billions of employees worldwide are tethered to occupations they loathe but are unable to leave.

Every work requires us to perform some duties we don’t like. A job doesn’t have to be perfect all the time to be good. It isn’t pay slavery as long as there are motivations other than “my family might become homeless” that keep you going back. A job might be honourable and worthwhile through taking pleasure in the companionship among coworkers, experiencing the highs and lows, or taking advantage of other benefits.

Employees who want to quit their positions need to have alternatives in order to prevent long-term pay slavery. They need a solution to their predicament that doesn’t include going without food. No matter what industry or profession you work in, the world has become more competitive. There will always be pressure to deliver results, and better outcomes in the future. Maintaining one’s identity both at work and outside of it will undoubtedly relieve some of this burden. Nobody has more than 24 hours in a day, and since most people don’t have enough time to accomplish anything after work, they refer to themselves as corporate slaves.

If we examine how wealth was distributed after slavery was formally abolished, we find that the same privileged individuals who had previously held slaves directly could now control corporations, which hired people. Power dynamics hardly changed at all. Even while workers are now employed, their earnings are still insignificant as compared to owners. Similar to how slaves were provided with food to survive, their salary essentially merely covers life expenses. Comparing the amount of food and lodging slaves received in relation to their owners with the amount of food and shelter provided to employees of corporations might be fascinating.

India’s situation is especially hopeless. India is a nation with a surplus of labour. There is a considerably higher supply of workers than there is a need. Employee worth consequently declines as a result of being seen as replaceable. Additionally, this lessens the likelihood of advancement. Ten entry-level employees could complete the same task as one experienced worker for a much lower cost.

For a less attentive observer, the servitude is not immediately apparent. Although it could appear that the person has received compensation for their labour, this is not the case. Although there may be plenty of money benefits, the time, sometimes health, and growth chances lost for that one promotion far exceed the benefits.