Here in the US, corporations all over are making record profits! Buying back shares like never before! Unless you want to play definition games about what a "competitive market" is, plenty of companies in competitive markets have big pots of gold to hand to employees.

This typically translates to "the company's successfully lobbied for trade agreements that allow us to force our domestic labor to compete against impoverished foreign workers in a developing nation with nonexistent environmental and safety standards," which is a race to the bottom for everyone but aristocrats.

I think the problem in the US is that the country is deeply right-wing when it comes to labor policy. The union/management relationship in the US is designed to be adversarial. In Germany, it's legally mandated for unions to be represented at the board level, and that kind of cooperative relationship's results speak for themselves. Here, that idea would be considered tantamount to bolshevism.