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The rich throughout history have always been afraid of the working class it just usually just shows up in less obvious ways.
The way the wealthy talk about the working class
The way the wealthy always look to divide the working class into camps to fight amongst themselves
The way the wealthy demonize labor unions
The way the wealthy keep education limited and expensive
The way the wealthy use religion and media to drive their idea of goodness and justice
The way the wealthy try to make the working class envious of their wealth so the working class spends their money and time trying to replicate it.
Are all examples of an underlying fear of the significantly larger working class population getting control.
And it is such a winning strategy that it works on them in reverse. The wealthy will do whatever they can to keep their wealth and always try to pile more on because of the fear of being one of them (the working class) that they have demonized for generations.
EDIT: added more examples