What is "[Tov] Nikleh v'Eved Lo"?
Rashi: He is disgraced in his own eyes, and a slave to himself.
R. Yonah: It is known from the way of Musar that Hashem despises pride, i.e. feeling superior to one's colleague. However, Silsul - drawing oneself away from lowliness and disgrace - is proper; it is part of modesty. 'Lower yourself without becoming base; Histalsel without aggrandizing yourself 1 .' "Im Navalta b'Hisnasei" (30:32) - Navlus is lowliness and disgrace. The ultimate Silsul is not good or proper. One should not conduct with authority, to refrain from working when there is a need to work. One should hire himself out to a job foreign to him, rather than take [Tzedakah or loans] from people. Flay a Neveilah in the market (if you cannot find a more dignified job), and do not say 'I am an esteemed man' (Bava Basra 110a). It is better to be a slave to oneself, i.e. engage in his work (e.g. plowing and seeding).
Malbim: People consider working to be a decrease of honor, even though this could not lead to lack of bread. The verse teaches that this is not from Chachmah. It is not real honor, rather, disgrace. One who works and appears lowly, he is actually honored, for he has a slave to do his work - himself! He will be satiated.
Malbim (according to the metaphor): One who considers himself honored and refrains from learning, he will lack bread (Torah). One who is disgraced is a slave to himself, i.e. his Neshamah.
Magihah: This is from Tikun Midos ha'Nefesh of R' S. Ibn Gevirol, 1:2.
What is the connection of Miskabed to Chaser Lechem?
Rashi: He is esteemed in his own eyes, and says 'why should I toil to work? I am from great people!' In the end, he will lack bread.
R. Yonah: He refrains from working due to Silsul and honor, and due to this, he lacks bread, and must take [Tzedakah or loans] from people.
Malbim: Refer to 12:9:1:3-4.