No? Listen to anything the ruling class is saying so you can effectively argue against it.

The ruling class thinks poor people work less hours for better food, shelter, and amenities than any time in human history except for maybe compared to a decade ago for some cases(in America ofc). They think that poor people should be grateful for this and spend their time praising capitalism while enjoying the extra free hours they get using their cell phones and fridges while they engage with their local community. Most of the rich genuinely think this.

None of this is strictly wrong, but it blatantly ignores the fact that even based on their own interpretation of capitalism and the economy the amount of excess wealth we produce should have exalted the poor classes to magnitudes better life than they currently enjoy (even setting aside much more egalitarian views of how the economy should work). Instead, as a consequence of their greed and corruption we have generations of people recognizing that asking us to be grateful that most of our productivity gets siphoned away by the laziest of society is twisted and cruel.