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A semantic and institutional layer defining non-discretionary limits on what exchange is permitted to optimise across time. The MEC specifies binding obligations for capability replenishment and establishes constitutional constraints that markets currently lack—not rules within exchange, but constraints on what exchange may do.
A regenerative market would not permit optimisation that depletes the ecological substrate on which productivity depends, regardless of price signals—the MEC would treat substrate preservation as a binding non-negotiable.
MEC Section 5