No it isn't. This is an extremely naive understanding of how any of this works
You even say it yourself, with the silly graph you keep posting
That graph doesn't show productivity it just shows "real inflation adjusted wages", like you keep harping on about.
But in general a person is not increasing their productivity year over year. So why would their wage go up to match inflation if, as you say, wages only go up when productivity increases? That doesn't make sense
The reality is that people already provide their employers with vastly more productivity than they are paid for. Their employers are capturing the majority of the value from that productivity. If someone's wage goes up to match inflation, their productivity hasn't increased, inflation has increase the value of their current productivity
You seriously don't seem to understand how any of this works