Would you rather be poor in Marx's day or today? It seems to me that today's poor have it pretty good, considering.
You could also argue that a big part of the problem of late is people living beyond their means. A nice, but modest, suburban home like the one you grew up in is no longer acceptable. Now, you need a McMansion, and that drives the overextension and the debt. Just watch any of the "Real Housewives" shows.
In terms of immiseration, the problem isn't exploitation but globalization (and cheap transport and communications). Back in the day, you competed for wages largely with people in your own country. Now, you're competing with workers from around the world.