Could you rephrase that first paragraph without the triple negative?

It sounds like you are saying that having your physical well-being tied to employment is good for efficient allocation of labor/capital, but I have some problems with this claim and I’d like to check that this is what you’re actually saying.

The economic problem is that having well-being tied to employment pushes people towards employment short-term rather than value long-term.

Then there’s the moral problems, which can’t be ignored.