Yes, I think you’ve really got it there. The federal government is absolutely trying to orchestrate this situation for the benefit of companies. They try to keep unemployment at a sweet spot number where not too many people are living on the street, but companies have a pliable and plentiful labor pool. It’s achieved through a careful balance of monetary policy, taxes, immigration, education, and laws limiting reproductive choice. The CEO of every Fortune 500 is working towards the same in their own realms, such as all the lobbying that tech companies do on H1-b visas.
But at the same time, we also have a brutally efficient marketing and advertising discipline that taps into our emotional biology and keeps people wanting more and always looking over their shoulder at what everyone else has.
I’ve thought before that by default, most people will be pushed to work ceaselessly, barely affording everything they think they should have and saving nearly nothing. It takes a choice to and self denial to step off that treadmill and start building the wealth that can set and individual free from living off their labor.
Remote work is a huge threat because of geo-arbitrage. Clever employees can quickly get ahead of then saving curve and throw off the reigns. Hungry employees are the easiest to manage. Fat employees have the power to say no.