As with every other "crisis" capitalism faces, the solution is simple: no more capitalism, no more crisis.

“A reduction in the share of workers can lead to labor shortages, which may raise the bargaining power of employees and lift wages — all of which is ultimately inflationary,” Simona Paravani-Mellinghoff, managing director at BlackRock, wrote in an analysis last year.

Yeah, fuck that babbling bourgeois bullshit. Fun fact though, after plague killed so many people in Europe, the surviving serfs (and their more immediate descendants) had an unprecedented level of power and agency over their living and working conditions.