I don’t think that’s entirely true. Yes, it’s a class problem, but race and gender are intertwined with class in advanced capitalist countries. When white men fail, they’re daring and courageous and bold for trying risky things. When it’s anyone else they’re stupid beneficiaries of nepotism - nepotism that’s bestowed onto them by other white men.
You need to advance your class analysis beyond just income. The reproduction of labor and racial colonization and imperialist superexploitation complicate the relations to the means of production beyond haves and havenots.