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09108_Field_TCGG T873.txt
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predominated in the economy, the presence of the market
pattern was found to be compatible with it. The principle
of barter or exchange, which underlies this pattern,
revealed no tendency to expand at the expense of the
rest. Where markets were most highly developed, as under
the mercantile system, they throve under the control of a
centralized administration which fostered autarchy both
in the households of the peasantry and in respect to
national life. Regulation and markets, in effect, grew up
together. The self-regulating market was unknown; indeed
the emergence of the idea of self-regulation was a
complete reversal of the trend of development.
The principle of self-regulation repeating by reverberation
from the Newtonian sphere swiftly entered all the social
spheres. It is the principle that Pope mocked in “whatever is is