Why do I need or care about leverage against "large capital owners"? I think you're just putting arguments I didn't make into my mouth.
You need leverage because otherwise you're not getting fed, you're not getting a place to live, you're not getting electricity or medical care.
He's not putting that in your mouth, that is just the reality of what you need leverage for.
What do you think prevents you from being literally enslaved? The government is (or was) one avenue of your leverage against capital, when they own the government and they write the laws what protection do you have against being forced into service?
The complete inability of people to learn that what we have now was written in blood as their form of leverage is enough to drive a man insane.
I believe the parent may have assumed that you care about creature comforts such as water, food and shelter.