Problem
The text discusses consumer sovereignty and suggests that it guides the market choices.
a. Is consumer sovereignty a myth or reality in today's consumer culture?
b. Do consumers "direct" the economy as suggested by the text, or has invention become the mother of necessity, as Thorstein Veblen once quipped?
c. If the consumer is not sovereign, then who is and what does that imply for economics? (Radical)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.