I don't think it is really. You're right in saying that 2/3 and 3/2 are the right numbers to ensure that the population wealth stays the same. But the point of the exercise is to show that the population wealth can increase while the wealth of almost any individual in the population decreases.
This is the author's jumping-off point to argue that the standard arguments in economics about average welfare can be far removed from the experience of any single worker in the economy.