The way out, as both Belloc and his contemporary Chesterton (Note: I am NOT a Catholic. I am NOT even a Christian. I am not endorsing Chesterton's religious writings) thought was to try to push for an economy of the self-employed. This idea may seem less welcome on a VC site.... But the basic idea is that if labor and capital fight, both get to declare victory, but really Capital wins. The way to win if you are on the labor side is no to play the game, and go into business for yourself as an independent agent, freed from worker protections but also in a relative position of power and freedom compared to where you would be as an employee.
Time was when almost everyone was self-employed. The only reason it isn't for everyone is we make it so darn hard in the US. I say that as one who has been in Indonesia and Malaysia for the past six months and I can say that no third world country makes it as hard to be self-employed as we do in the US. Indeed no developed nation does either.....