The Modern Chains You Don’t See: How Employment Creates Hidden Dependence and Limits Freedom

Many believe that having a steady job equals freedom and security. Nassim Taleb challenges this notion, arguing that employment often creates subtle chains of dependence rooted in loss aversion—the fear of losing one’s livelihood. This psychological trap limits true freedom and fosters submission.

Contractors, by contrast, trade security for autonomy, accepting risk but gaining freedom. This trade-off is fundamental in modern labor markets, where freedom and security are inversely related.

Corporations exploit these dynamics through perks, organizational politics, and expat statuses that keep employees tethered psychologically and economically. These 'golden handcuffs' are more effective than physical chains, creating a form of modern slavery.

The metaphor of the dog and wolf captures this well: the dog, domesticated and dependent, lives safely but lacks freedom; the wolf, wild and free, faces constant danger but retains autonomy.

Recognizing these hidden dependencies is the first step toward reclaiming freedom. Understanding skin in the game in the context of work helps individuals make informed choices about risk, autonomy, and security.

References: 1 , 2 , 4