I don’t know about that. The poor from just about every other country in the world seem desperate to live in America. While American capitalism has many faults, oppressing the bottom quintile is not one of them. The US median income is consistently top ten globally.
Median income doesn't tell much if you don't factor in the cost of living. My salary sucks compared to what I would earn in America, but when I factor in things like free healthcare, daycare and higher level education, I'm better off here.
The US does a good job of selling the idea of living here and getting rich, though it does a better job of selling it to people who aren't already embedded in daily life in the US. While we have, perhaps, much lower numbers of extreme poverty compared to a lot of countries, as one of the richest countries, and growing richer by the day, we should have zero extreme poverty. The people with the will to fix our poverty lack the money and very few with money have no real desire to help the less fortunate.