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Initially it was an economicinstitution designed to curb the power of plutocrats who were manipulating medicinal drug markets in their favor.
Finally, it is general enough to be applied to every conceivable economicinstitution from the most primitive to the most highly developed.
Their research introduced the idea of 'endogenous preferences' or preferences that change over time within an economicinstitution or system.
Instead, they are the inevitable reflex of an unnatural economicinstitution upon itself.
It is an economicinstitution, but with a developing political personality.
From the
Hansard archive