Does that sound ethical to you?

To be honest, no, it doesn't

You're okay with being exploited and letting your boss rob you of the value your produce?

Well, when you put it that way, it doesn't sound right

What other way would you put it?

When you think about it, it's more like you're getting a share of the profit from your labor

Did you perform the labor? Or did the original Linda Lovelace perform the labor?