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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.

Rich people can make political donations, lobby, run for office, dictate private law (corporate policies), fix wages etc. Wealth is power.

"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".