[rizzom5000]

I don't think it is. If the > workers DOING THE ACTUAL WORK are able to provide more value than the corporation, then why are they working for the corporation instead of providing more value than the corporation by themselves; and paying themselves more than the corporation pays them? I think OP's argument could be an example of reductio ad absurdum.

[chii]

The balance of power remains at the management level of a corporation, despite the fact that management hardly "does the work" that workers hired would be doing.

The same arguments applied to the peasantry of the feudal age. There are many more peasants than lords, but through an imbalance of power (military in the feudal age, and monetary in the modern age), the higher ups gets to claim the profits of the workers.

[jdc]

It seems to me that management is good at crafting the appearance that they hold power even in cases where they don't.

See also: VUCA