I agree in that I think bourgeoisification is a bad term to use when Labor Aristocracy is a perfectly good term for the same idea. But I think some context is needed:

• America has 20 million millionaires.
• 50% of Retiring Americans have at least $100,000 in savings, and depend heavily on investments to supplement their income.
• 16% of millenials have at least $100,000 in savings.
• 25% of Americans make over $100,000 per year, which puts them in the class of people who can enjoy owning a boat, buy a "second property", or pay off their debts in a few years without too much hassle. The system is working well enough for these people.

Obviously there is a huge rift between these people and the 60% with less than $1000 in savings. I'm not going to deny that they're exploited, as I've said before. But they're essentially fighting the 30-40% with savings and financial planning. The top half of the country lives vastly different lives from the bottom half. It doesn't know what a food bank is and thinks most people using food stamps are exploiting taxpayers. They think they should pay for their own healthcare so they don't have to share it with the dirty poors. They think home ownership is just a matter of personal effort. And they fight tooth and nail to pay less taxes than the bottom 50%. They think they owe nothing to society and society owes nothing to them, and the richest among them propagandize the bottom 50% into believing all the same things.

I think Engels was correct in saying that speculation and investment banking need to completely collapse before most Americans are willing to look at the situation honestly. Until then, PoC seem to be the most likely to understand how bad the situation is, and I've seen them dunk on white libs. Downwardly mobile white people come at a close second place, but it seems like only a small percentage are capable of self-crit. Most seem to prefer the air of superiority their party ideology gives them.