Until true modern style democracy yes, but in modern democracies the people get to decide how the country and the economy are run. Yes, really. The fact that the consensus view happens not to align with what some people (perhaps yourself included) seem to think it should doesn't make that not true.

Sometimes that leads to really unfortunate outcomes (in my view) like Trump and Brexit, but those things were the result of genuine democratic processes and driven by the choices of individual voters. That's true generally in the democratic world too.

It may be convenient to blame the state of the world on shadowy anti-democratic forces running things from the shadows, because that can be used to de-legitimise the current state of the democratic world, but I'm afraid that's self-delusion. This is the world we have chosen through a process of consensus and compromise.

The difference is that if there are enough unemployable humans they can vote, rebel or otherwise enforce that they get a share of the profit. Horses did not have that option.