I wonder if the author has ever visited any developing economy, where racial stratifications of literal servants (doing chores in the home of the masters) is th

I wonder if the author has ever visited any developing economy, where racial stratifications of literal servants (doing chores in the home of the masters) is the norm. For example, a huge portion of the migrate Filipino and Indonesian populations in Hong Kong work as full time household servants. The stratification has nothing to do with venture capital. You could argue that VC money makes this industry less stable, and the lack of stability could have a negative impact on "servants", but that's an empirical prediction that I think is less compelling than the moralizing in the article.