In a growing economy with flexible labor markets, employees pretty much have the opportunity to optimize their negotiating power. Limits to their power are about them, not about others. The argument only breaks down if we consider their lives so taxing that they can't muster what it takes to apply social mobility. This is a reasonable concern, but for the most part I don't think it's the most relevant concern today.
In a growing economy, employers are always looking to aid and reward productivity. Always. For some employees, it's harder than others, but no sort of regulation against that is going to help
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