I do realize that, at least if we're talking about middle managers. It'd be a stretch to say that executives are "labor"
or are "employees" except in a strict legal fashion. Executives don't work for companies; companies work for executives. The reasons for this are sociological rather than economic--in short, so long as executives uphold the interests of the upper class, the other rich people who control the company (important shareholders) will look the other way on their self-dealing.
The fact that they are victims of the system does not mean they are innocent of all charges. Almost everyone who is and remains rich or powerful in this world is a crook; that doesn't mean everyone who is not rich or powerful is a saint.