I take a different approach:

Yes, more and more people are failed by capitalism. But porky keeps an in-group of influencers, propagandists and pigs as a force multiplier for their ideology. As once-high paid liberals find their jobs going away, porky just increases the power / resources of the in-group along with creating strategies to bind the poor to the wealthy.

Therefore the attenuation of the “middle class” is priced into the system, so to speak.