Pretty much. The more money you make, all other things being equal, the more time you can spend between jobs without food running out. I specifically said they are less worried not that they are free to stop working willy nilly. Moreover strikes and similar protests can be organized in a way to make this less impactful.
Again I swear I have no huge anger for these people, but I hope you realize these things are not mutually exclusive. Meaning anger alone won't fix the problem with execs. Having devs refuse to purposefully build software that is invasive, addictive or whatever it is, can and will hurt execs.
Workers that are better paid in the first place are in a better position to do this, yes, and would work better than simply raging at the execs.