The argument is substantially correct in so far as manhood is something LEARNED. How does this happen where there is a predominance of single-parent homes, where boys grow up only with their mothers and become the 'man of the house' when they are teenagers? They learn a kind of faux 'manhood' defined by genitality and matriarchal control. When they reach adulthood, their 'manhood' remains modelled on experiences of being a teenager either controlled by their mothers, or influenced by the behaviour of neighbours. These 'men' together behave like adolescents. They have never had other men to learn from, and a society of men in to which to seek belonging.
Many of these adolescents grow up resenting female dominance. Think about this. The crisis of manhood is the crisis of families.