A derogatory analogy between slavery and wage labor, which is used to highlight similarities between owning and renting a person. Typically refers to a situation where a person’s livelihood depends on wages or a salary and when they are totally dependent on that income for survival, basic necessities, and live paycheck to paycheck. The term wage slavery has been used to criticize the exploitation of labor and social stratification with workers paid comparatively low wages for soulless, heartless work, unequal bargaining, lack of self-management, fulfilling job choices, and leisure time.
Leadership Advocate and Co-Founder of the Goldzone Group. I help leaders to master the new rules of leadership for the new economy. Over the past 30 years, I have visited over 500 cities in 54 countries to explore, learn from, and help many of the world’s leading companies, leaders, and luminaries in the fields of science, technology, health, finance, entrepreneurship, and leadership.