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Introduction and Counterfactual Framework
The trajectory of United States jurisprudence, macroeconomic policy, and labor relations from the post-bellum period to the contemporary era has been fundamentally shaped by a series of foundational compromises regarding capital, currency, and human agency. If the hypothetical "S. 1867: THE LABOR RESTITUTION AND PARITY ACT (REVISED)" had been successfully enacted and vigorously enforced in the immediate aftermath of the American Civil War, the structural evolution of American statutory and constitutional law would have been radically altered. By establishing a mandate for absolute monetary parity grounded in minted silver, formally abolishing the penological exceptions to involuntary servitude, declaring the intrinsic sovereignty of the human laborer, and establishing seve ...