You see @le, here lies the problem: you quite correctly point out the slave labor conditions being offered in the pilot job market right now; a situation that is devastating our industry on a world wide scale, that has been noted by the FAA as causing flight safety issues, & what do you get? Justification of slavery by fellow pilots!
After the last 'down turn' did our salaries pick up to the levels where they were previous to the 'down turn?' Did they hell.
In England in 1996 the pay of an airline captain was equivalent to that of a doctor (GP) it is now approximately 30% less & forecast to fall still further. The reason being that our beloved employers are riding right through us & far too many of our colleagues continue to justify this erosion.
It's a dog eat dog profession & until we stand together (which I don't believe that pilots ever will) we'll continue to suffer ever deteriorating Ts & Cs