It’s CLOSE to slavery, except that you can always stop working, and then you don’t have to pay taxes.
In a sane world, you would then starve and die, but in our country you will now get free food, shelter, and health care; probably also enough money to buy cable TV and a car.
In other words, you could live a pretty great life paid for by Bill Gates, without any real worry about how your sloth might reduce your life span or deny you something you would really like.