The notion that someone, somewhere might work a full-time job for more money than what it keeps to barely keep them alive so they can work more sends these people around the bend.
Which is why I propose dusting off an old term and bringing it back in fashion to describe their ideology. The current ones are insufficient. “Libertarian” makes no sense, because they oppose the rights of workers to collectively demand better wages, a fairly basic liberty. Instead, they expect these people to work hard and slobber gratefully that their masters tolerate paying them at all. Nor are they really “conservative” in any meaningful sense. I don’t like conservatives, but conservatives are people who object to social progress. But the existence of an American middle class has been around for a century now, and conservatives in the past were far less likely to object to its existence on the ideological grounds that no one but the rich deserve to have squat.
There’s really only one term for people who believe, as a matter of ideology, that a handful of people deserve to own everything and the rest of us should living lives of endless work and squalor, with perhaps a slender class of people who get paid pretty handsomely to protect the interests of those who own everything: feudalists. That’s the system that they’re clearly advocating for, albeit in modern terms, where the billionaires and company owners are our kings, top executives are the knight class, and everyone else is a peasant who works to death, gets four hours off for church on Sunday, and needs to be grateful that his masters allow him that.
— pandagon.net-Time To Bring Back the Term Feudalism.