The purpose is the creation of a "new feudalism" - a tiny minority of managers, owners, and investors, and the rest being serfs. Think of the British aristocracy in the Victorian and (pre-WW I) Edwardian years. There were dozens of servants for every upper-middle class / upper class person. We're moving toward the same outcome, only our "servants" now are fast-food workers, manicurists, day-care workers, nursing home staff, Wal-Mart cashiers, etc.
Fuedalism with small possibility of advancement. Our kids and grandkids are screwed.