Abstract
The comparative merits of market and certain distinguished non-market resource allocation mechanisms have continually been at the centre of debate in economics and political philosophy. Doubtless it will remain there. For here one faces the grandest of human concerns, embracing as it does issues bearing on liberty and welfare, the aspirations of people, their potential and re alized capabilities and the fulfillment of their needs. It enables us to see individuals in a social context, to ask about the possible features of a civil society, the obligations that people may have to themselves, to one another and to agencies. Then again, we are able to enquire into the obli gations that agencies have to people and to one another, the extent to which responsibility needs to be delegated among offices and persons, the role that dispersed information may play in an swers to these and so on. The debate is central to any discussion of the kind of society we ought to aspire to be members of.
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