I'd rephrase that: labor is used to provide the owners the maximum amount of money they can manage to extract from the people doing the labor.
A technology 10x's worker productivity? That means 9x more goes to the owners, and 0x (zero) more goes to the workers. Maybe the workers get even less, because now you can fire some.
> Who starts a company to lose money? Who starts a company solely for "creating jobs"?
A more equitable distribution of company profits does not imply the company loses money. It does not imply useless make-work jobs.
I fully agree, and remind you it's completely legal and simple for you to go and start a company that does equitable distribution of company profits. More people should do it instead of complaining that few people do.
No. Instead of doing that, the effort should go into making all companies act that way.
IMHO, what you just did is part-and-parcel of one angle of the "propaganda to justify and obscure it" that I referred to above (e.g. "Don't like it? Then I say your only response should be this ineffective and limited-scope action I specify that strictly adheres to the status-quo").
And it would be ineffective. Building a little oasis in the middle of the status quo would only help a few and is unlikely to resist the tendency of things to eventually revert to the mean. The mean needs to change, and the best path to that is probably through regulation, other kinds of social standards-setting, and increasing the power of the exploited groups (e.g. through unionization).