Not the case in commercial programming. If you manage to pull a heroic and still deliver something that does not fall over in a near-impossible deadline and with a lot of pressure then you are actually doing a huge disservice to yourself because the leadership will think "welp, obviously he can do it in those conditions" and next thing you know, next time around it will be even more difficult.
"Give them an inch, they will take a mile". Sadly this proverb very often applies to business people.
Most commercial programmers are extremely squeezed. I started daydreaming for another profession lately but yeah, ain't happening in my 40s with a very unstable financial situation.
I've read your sibling comments. It seems like you were on the other extreme and it does seem to me that now you are overcompensating by being too sympathetic with business and management. Whiplash effects are very understandable while one is still trying to find their balance. Still, don't give those people too much credit.