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To say the least, the pros are: Taoism represents and reflects a view of the world and nature.
Taoism represents a view of life that also allows for other schools of thought to be used simultaneously.
It can be used by Legal analysts and as well as Confucians.
Schools of thought from around the world and from different nationalities know of it and its importance.
Taoism encourages self-knowledge and reflection.
Taoism provided a counter-balance to the organization of Confucianism.
Taoism devoted its energies to reflection and introspection so the natural principles that governed the world could be clearly understood.
However, the cons are that it undermines the power of most governments, since its beliefs are that nature is the ruling power. Taoism also caused the Yellow Turban Rebellion, which decreased the power of the government in Zhou, China.
But then again, the Dao or Tao refers to "the way of nature" or "the way of the universe" and so that stands in direct opposition to the majority of government rules throughout the world in some way or another. But for those who respect nature and believes that nature is the ruling authority, Taoism would be the ideal religion to follow.
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