You're argument is that the only two alternatives are that the ruling class and owning class be separate groups of people, or the same group of people. And either way the labor class if F'ed. You're right that having the ruling class and the owning class being the _same people_ is terrible. That's what we're living in right now!
But what about the labor class being the owning class? What if Amazon was owned by the people who work at Amazon? Instead of Bezos?
Bezos started Amazon with $300,000. I'm sure it wouldn't take too long for workers to raise that kind of money, after all, $300,000 to buy a house is considered cheap.
On the other hand, the history of businesses being confiscated and handed over to the workers has not been a successful one.
It is a good practice for companies to include stock as part of the pay package. It encourages alignment of the company with the employees. Very, very successful companies follow this model, such as Microsoft, Apple, Amazon, Google, etc.
Workers should be able to vote for their bosses.
Democratic societies are good for human flourishing. The only way to flourish is to have a thriving middle class.
Workplace democracy would be a boon for labor.
I wonder how many people who repeat things like this know that Bezos owns less than 10% of Amazon. About 2/3rds of Amazon is owned by institutional investors, much of which is in turn owned by individuals in their 401ks and other retirement plans. So "the people" own more of Amazon than Jeff Bezos already.
If you're implying that the government should confiscate Jeff Bezos' personal ownership stake in the business he created and redistribute it to other people, that's a very different topic. It's in the realm of fantasy, not reality, so I don't consider it very interesting. At minimum, it should be noted that if the government gets into the business of confiscating shares from people, the value of those shares will plummet as investors move their money into safer investments, so it wouldn't be a simple numerical wealth transfer from Bezos to others.
Regardless, there's nothing stopping people from getting together and starting an employee-owned collective company that enters the market. They can compete in the market and try to hire away talent from the other corporations.
If warehouse workers want better conditions they have to solve a national coordination problem without getting crushed. If Bezos wants their working conditions to be more efficient he has to write a memo.
Edit: to connect this back to ownership. This disparity is directly responsible for determining whether profits pay fair wages or got to Bezos and the other owners.
There are probably better means to achieve better ends, but the status quo is very fucking rotten