This might have been true in 1867, but it's becoming rapidly irrelevant.

There is desperately little room for the "working classes" (defined implicitly by "low wages" as you've used it) to have any creativity or imagination in their work. Indeed, one of the biggest problems in modern society is that we have structured our society around the idea of work being central to the human experience while simultaneously using technology to make increasingly large amounts of work superfluous.

So I'm afraid you're starting off on the wrong foot here. There are some areas where this is still somewhat true (e.g. health care workers), but for the most part the vast engines of technological progress are enriching the lives of the working classes via competition over novel capabilities and low prices.

If we don't understand how to use our iPhones and Facebook to express our creativity and imagination, to channel our generosity--well, that's mostly on us as consumers. Yeah, big companies do try their best to generate in us needs that are easily and profitably met by what they can produce, but for the most part, the social dynamics that were of such great concern in the late 1800s--a time replete with robber barons and such--are all irrelevant.

There are new problems, but we need to look at the situation afresh. This isn't even fighting the last battle; it's two battles old by now.