>(b) we allow businesses to profit wildly while not paying enough (by exploiting (a)), because we have the taboo that not meddling with the market is the best course of action. A more englightened society that didn't pay too much attention to economy pundits working for rich people, might find a way for better revenue sharing with employees...

Governments meddle with the economy all the time, there was a short period of laissez faire being the dominant thought in the Western World in 18th and 19th century, but after WWI. Nowadays governments command 30-60% of GDP.