This has always been the case. Look at immigrant exploitation, the truck system, sharecropping, child labor, exporting work to undeveloped countries to exploit unregulated labor forces there.
It was always about bringing back slavery without calling it slavery.
And it will always be so long as we let them keep trying.
Violence is not the answer until the hour that it is.
Reminder that slavery was never outright abolished in the US, the constitution explicitly allows slavery as punishment for a crime which is why private for-profit prisons are a thing in the US.
With enough inequality and without a strong social net, wage labour is equivalent to slavery. They cover the minimum costs of your survival and you spend as much time working as they ask or else they’ll find someone more desperate.