Side of the same coin. Salaryman earning millions are still salaryman. You're bounded to the whims of the employer, and can lose it all from the ups and down of the personal relationships that surround you. The American dream is not the rich employee, is moving out to that relationship and build something you own.
Building something that is bounded to the marked at large and can weather the individual change of whims is increasingly harder as megacorp are capturing more and more value in every corner of the market.
The entire mechanism that elevated the working class to entrepreneurship is broken and the effects do include a working class increasingly repressed, at ever income bracket.
The “salaryman lifestyle” necessitates low wages. It’s a “lifestyle” because you can’t quit it. You make barely enough money to sustain your family, so that you’re forced to keep working against your will.
If you’re making millions of dollars, you’re not a salaryman. You’re making a choice to sell your labor, but you can always quit and the impact to your livelihood will be minimal.
Building something that is bounded to the marked at large and can weather the individual change of whims is increasingly harder as megacorp are capturing more and more value in every corner of the market.
The entire mechanism that elevated the working class to entrepreneurship is broken and the effects do include a working class increasingly repressed, at ever income bracket.