Comment by bongothrowaway

It is. The -point- of the term is to reverse the usual dynamic between the privileged and the disadvantaged. What that dynamic is depends on whether you see the categories in this comparison as only two (the haves and the have-nots) or three (including a "normal" category which lies somewhere between the two), or perhaps as a spectrum (where privileged and disadvantaged arguably lie at the extremes of the bell curve).