"I just don’t like anything which creates a lords and peasants kind of thing."
Excellent. Then you're the world's greatest supporter of unions and would never allow a non-union shop situation, where the billionaire class can take advantage of workers completely unfettered and with no accountability.
You know, a "lords and peasants" kind of situation, where the lords have all the power and the peasants have none. That sure would be horrible. Glad we all agree on that.