You're not accounting for the emotional needs of management. Many of them are cruel. They put value in making their workers squirm.

We should have worker owned things instead of the petty tyranny of capitalism, but here we are.

Take a look at our little friend remote work. Almost all employees love it. Retention is thru the roof at places that offer it. More than half of workers say they'd even take a pay cut to keep it. Productivity isn't affected in most cases (ymmv obviously). Buuuuut guess who absolutely can't stand it? Management. They'll go to the ends of the earth to make sure you don't get it. Ask yourself why.

People, generally speaking, have an absolutely infuriating tendency to adapt to good things. They eventually look for more. The best way to prevent this, from an employer's perspective, is to break their spirit. Learned helplessness is one of the only ways to permanently keep a free person in a bad situation.