> Engineers need to form their own worker-owned consultancy co-ops and eschew corporations to capture more of the wealth they generate for themselves rather than as underpaid servants of said large corporations
"Infosys was established by seven engineers in Pune, Maharashtra, India with an initial capital of $250 in 1981" [0]
$250 in 1981 is $706 in 2019 dollar. So yes, looks like they started out exactly like how you advocate.
That system works for lawyers and doctors because there are bars and boards to not only vet theit credentials, but also restrict supply through quotas.
One solution might be for that coop to sell service around a valuable piece of software they own (or at least have demonstrable expertise with). Thats how the SQLite developers work, for example.
Uber and Lyft use contract workers, rather than getting people on their payroll. Infosys and TCS hire freshers on bonds at salaries that are not very high, but hire thousands every year on their payroll in a country where IT engineering programs have near 100% placements. If those engineers want to work for themselves or other non-corporates, no one is stopping them.
That said, that's probably a bad motto to have in IT.
If you don't want to work for a corporation, don't work for a corporation. Why do you need to tell the entirety of engineers how to do it?