Governance as markets
If our image of hierarchies is that of prematurely dismissed structures of governance, then the contemporary image of markets is almost the opposite. The market as a governance mechanism is very much in vogue, indeed so much so that it is probably believed to be the solution to more problems than it can resolve. The market has come to be seen as everything Big Government is not; it is believed to be the most efficient and just allocative mechanism available since it does not allow for politics to allocate resources where they are not employed in the most efficient way.