Our Supposed Dystopia.

If firms didn't exist, each employee would have to contract with every other employee and every manager and every supplier; instead, the firm acts as a central contracting agent. That means employees need to sign only one employment contract with the firm, and the firm then has power to tell the employees what to do. Upper-income workers are more satisfied, at 57 percent, but 45 percent of lower-income workers are extremely or very satisfied with their jobs. [Extracted from the article]