This completely negates the fact that due to how the labor market is structured, most people who sell their labour to survive are in a disadvantageous position for the negotiation you are talking about. What you are talking about works well in a basic economics text book but does not translate to the real world.
The cleaning lady at SpaceX doesn't do a better job than that at Walmart. So why should she be paid more?
You think she's doing the heavy lifting there? Creating the billions? While the underperformer at VideoBuster / Radio Shack is responsible for tanking the business? That's just not true.