Original sentence: Consumer sovereignty is a term which is used in economics to refer to the rule or sovereignty of purchasers in markets as to production goods.In unrestricted markets, those with income and other wealth are able to use their purchasing power to motivate producers as what to produce (and how much).The term can be used as either a norm (as to what consumers should be permitted) or a description (as to what consumers are permitted).To most neoclassical economists, complete consumer sovereignty is an ideal rather than a reality because of the existence -- or even the ubiquity -- of market failure
Edited sentence: Consumer sovereignty is a term which is used in economics to refer to the disputed notion of the rule or sovereignty of purchasers over producers in markets.Those with money and other assets are able to use their purchasing power to tell producers of goods and services what to produce (and how much).To most neoclassical economists, consumer sovereignty is an ideal rather than a reality because of the existence -- or even the ubiquity -- of market failure