A lot of these complaints are not about an industry, but about late stage capitalism. About a failing society that privileges profits over social progress and material productivity because oligarchs and aristocracy own the institutions and are running this thing into the ground on base class instinct. All these cool "save the world" school projects exist because the current people running the world are deciding what…
Socialism isn't the solution, it's the problem. People deserve to be paid for work and the better the work that they do, the more they deserve to be paid, even though that can be much more than the average person earns.
Suppression of wages is very much a feature of capitalism (the company's mission is to acquire capital for shareholders; technology that lowers costs by reducing the need for labor, or reducing the payment for labor, is a goal); whereas socialism holds that those who do the work should benefit from their labor (workers should own the means of production).
A "socialist" company in the U.S. would be an employee-owned company or a co-op (like REI) though they would never call themselves that because Americans don't understand what socialism is (and have been taught that it's "evil").