The argument you're making "wage-slavery" is an old one. What is the difference between a slave and someone who earns so little and has so few employment options that he is completely dependent upon his employer?
Or, phrased another way, what good are negative rights, when pragmatically, only what you can do really matters.
Well, pragmatically, empirically, there is a tremendous difference. People allowed the freedom to chose their employment, even at very low wages, systemically tend to rise out of poverty and enjoy better lives. Look at the history of Taiwan for instance. In contrast, systems built on the philosophical underpinnings you defend have plunged people into misery and starvation.
Not just that, in some cases slaves could actually be better off than some free citizens at the time. Although I doubt this kind of vertical mobility was particularly common.
And of course, absolutely speaking, a first world citizen today living in poverty is still far better off than a rich nobleman a few hundred years ago. It's the unequal distribution we find unfair, not merely the individual situation.
EDIT: I hate to use Wikipedia [0] as a substitute for substantive discussion, but your point seems to toe the line of being a false dilemma. The power/money elite in both the 19th century and the 21st century clearly have more options then just: leaving slaves in Africa/having very bad working conditions in Asian fields and farms on one hand, and bringing slaves to America/having marginally better working conditions in Asian factories, on the other hand.
Be disturbed then. It's possible, and in my view necessary, to rationally compare two non-optimal alternatives, even if an even better alternative is both possible and probable. As Aristotle allegedly said, "It is the mark of an educated mind to be able to entertain a thought without accepting it." And discussing a concept doesn't imply accepting/endorsing it.
...while we are quoting Aristotle:
"Since then some men are slaves by nature, and others are freemen, it is clear that where slavery is advantageous to any one, then it is just to make him a slave." [0]
Clearly "entertaining thoughts without accepting them" isn't enough on it's own to lead to sound, just and fair policy-making or historical narratives.
[0] http://www.gutenberg.org/files/6762/6762-h/6762-h.htm#link2H...
WARNING: The following is going to cause cognitive dissonance in many people, even among the rather intelligent people here.
Don't fool yourselves, the conditions in Asia under which people make "stuff" for you, which you don't even value, for $0.50 per hour is nothing more or less than slavery. It is the same kind of slavery that you all supposedly despise in American history, the legacy and ripple effects of which are still rather present today. Just because the "company" pays a nominal amount that serves more for accounting purposes than anything else, doesn't make it less than slavery. Just because slavery changed location and a couple of its business processes and clients and logistical systems, does not mean that it is not slavery.
Would it not have been slavery in the south if "workers" had been paid $0.000001 per hour, which is about what $0.50 per hour amounts to in 1855 value?
Realize this, you are supporting and benefiting from slavery, for the same reasons that the south looooooved slavery; because it meant they didn't have to earn their income, benefits, and advantages of a privileged life built on exploitation.