What? The fact that your boss has power over you within a company has nothing to do with how much money they personally have relative to you. There is no correlation.
My boss also only has power over me in the context of my job. They have exactly zero power when it comes to all other aspects of my life.
"Flexible schedules" in retail make it so low-wage workers are always on call and must curtail the rest of their lives even during their "free time".
Rich people can make political donations, lobby, run for office, dictate private law (corporate policies), fix wages etc. Wealth is power.
You would not seek employment with the company under servile terms unless you needed employment to survive. The company needs you less than you need them, so they can get away with bossing you around.
Not in a market where your skills are in demand. This single input single output equation breaks down relatively easily.
This is true! It's an individualistic, non-political way to balance the power of money. Shouldn't the rest of the population have access to decent living and working conditions though? Going to bed, gn all. :)
Being a boss isn't inherently evil, it's just workers are exploited in most current circumstances. Worker-owned co-ops and organized labor are the ways out of this, but requires workers to first summon the courage to risk being fired.
There is a minor effect to it - who can afford to walk away more. It has some correlation in that those in poverty are essentially always precarious while the better off can either have reserves or be "overleveraged".