The problem is not work itself but the incessant need of working oneself to death or in other words trading off everything else just so one can earn enough to meet the basic needs. Is that the purpose of life?
The US has had 1 revolution and 1 civil war. I’m not sure either was caused by cost of living increases. We’ve had several economic rough spots worse than the current time.
Maybe you’re referring to other parts of the world but the US is still a pretty good example of people not revolting for purely economic reasons.