I mean yeah.

If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.

LBJ was taking about race. It the quote “give him somebody to look down on, and he’ll empty his pockets for you” applies pretty much universally to a third of the population, maybe more. Probably more.