The market is partly a Ponzi scheme where more people buying inflates the price, regardless of the underlying value. The modern stock market is not focused on dividends (anything but), so there is no'real' return from the actual companies to the shareholders. (Buybacks could be considered similar to dividends).

There is still an element of real economic growth underlying the stock market, but passive investing, derivatives and market manipulation have largely decoupled the stock market from the actual economy. At least that's my opinion.

I think the answer to your question would be yes IF: * The world economy keeps growing * There is a fair distribution of the return on the world economy (which there isn't)

The problem is that many countries are now steady-state, or even negative for population forecasts, no?