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Discuss the view that the modern state has an allocation, distribution and stabilisation function, because of the instability of the markets and the social unacceptability of some market outcomes  

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Discuss the view that the modern state has an allocation, distribution and stabilisation function, because of the instability of the markets and the social unacceptability of some market outcomes Public sector is the part of the economy concerned with providing basic government services. The composition of the public sector varies by country, but in most countries the public sector includes such services as the police, military, public roads, public transit, primary education and healthcare for the poor. Public sector must provide services that benefit all of society rather than just the individual who uses the service that encourage equal opportunity. In the United Kingdom, the Prime Minister Toni Blair, who has an determinate very public version, returned to public sector debate few months ago being very concrete with the next speech: īThe point ,very simply, is this: the user comes first ,if the service they are offered is failing they should be able...

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