“Every culture, or subculture, is defined by a set of common values, that is, generally agreed upon preferences. Without a core of common values a culture cannot exist, and we classify society into cultures and subcultures precisely because it is possible to identify groups who have common values.”

Source: 1960s, Economics As A Moral Science, 1969, p. 12

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Kenneth E. Boulding 163
British-American economist 1910–1993

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