There are a number of people on the left who put maybe a little too much stock in “reading theory” as an essential part of being a good leftist. I think they have a bit of a point. In all fields, theory helps us make sense of what we’re seeing, and gives us lenses through which to consider new information. That said, there’s a lot of stuff in “theory” that can be pretty well reasoned out by pretty much anyone. In this case, a leaked email points to what Marx described as the “reserve army of labor” – an under-class that is always in a state of economic desperation, so that there’s always someone willing to take starvation wages, because it’s all they can get. In this case, it’s management celebrating that poverty by talking about how the increase in gas prices will mean more people scrabbling for any job they can get, which means management can start paying people less. I’m willing to bet these people sleep fine at night, and that’s the kind of person our system empowers.
If you want a more in-depth look, I recommend this discussion clipped from the Left Reckoning podcast: