> no less slavery
It’s absolutely less than slavery.
Slaves are property. They have no rights. They can’t quit. They can’t claim unemployment or long-term disability. They can be summarily executed.
You can kind of fuck around idiomatically with the term slavery in some cultures. But not in ones that had chattel slavery.
It is a different type of slavery, just as historically there were lots of variations of slavery, with differing levels of what a slave could do. Do you know what wage slaves are allowed to do? Work for a wage (AKA sell their time and/or bodies), or die. Sure seems like slavery to me.