I think the claim is that capitalism increases (something like) total wealth but this does not necessarily entail increasing the wealth of each personal individually.
Perhaps, but it does increase the wealth of nearly each person individually. The average American today, heck even the bottom 1% American today is wealthier then a rich ring ~200 years ago.
Perhaps, but it does increase the wealth of nearly each person individually. The average American today, heck even the bottom 1% American today is wealthier then a rich ring ~200 years ago.