Update Needed to the Field of Economics: Preference Attunement to the Powerful

This video explains an update that I think the field of economics needs to make that would work to explain power dynamics. This update would relax the assumption of exogenous preferences and instead acknowledge that people's preferences attune to the powerful and socially engaging people. This could be accounted for in a meta-cost-benefit model that asked "How much time and energy should I spend developing a preference?" where the social and economic payoff for having a preference drove the cost-benefit of preference choice.