It could certainly go wrong depending on the conditions, since working in a sweatshop is still strictly better than having no wage at all. Couple that with overall impoverishment of the lower classes, rural exodus, and a focus on exports, you got a recipe for a society that is highly productive but miserable.

A few elements that alleviate it are the minimum wage, the product being a luxury and Rishe’s focus on marketing it across social classes. There’s a limit on how abusive someone could get in her position, and even then it would be counter-productive, since when you’re short of cash the first thing that you stop consuming are luxuries.