The US, has a history of slavery.
China has a history of suicide prevention nets, docking pay for not finishing your lunch, millions of undocumented illegal migrant workers, houses full of camgirls “because they’re young and need to be controlled”, closed apartment complexes with thousands of catfishing “remote workers”, and so on. AKA: outsourced slavery.
But you’re right, it’s the capitalist way.
Romania, or 1984’s Big Brother, were failed because they required people to watch people, which doesn’t scale outside a Panopticon, or a country with “9 kinship extermination” type of sentences.