ABSTRACT
Efficiency and equity may be seen as economic and social aspects of land policy. Equity in land policy is an aspect of democracy one might say; a good in its own right and a good in its contribution towards social and political stability. An equitable distribution of land between peasants for food crops and cash crops, and agribusiness would achieve a more efficient use of national resources although it might reduce some private profits. Land policy must provide for that, whether by planning legislation or by legislation requiring environmental impact assessment. Circuit two is the intermediate circuit, it straddles both rural and urban society and it contains within itself aspects both of circuit one – customary rights in land – and circuit three – market relations. The amount of land involved is small therefore; however, its economic and social importance is very great.
