Answer 1. While a market economy has many advantages, such as fostering innovation, variety, and individual choice, it also has disadvantages, such as a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.
2. List of the Biggest Cons of a Command Economy
Command economies tend to limit personal freedoms. ...
There is a lack of innovation with command economies. ...
It reduces the number of options available to consumers. ...
Command economies create underground markets. ...
There is little competition within a command economy.
3. Society is made up of individuals. The collective and the individual are essentially equal - the difference is only in how things express themselves in each individual. It's like a body where each cell contains the entire genetic blueprint but expressed qualities based on its place in the body and how it connects to other parts. But unlike the humam body, or other levels in mature, humans are essentially a “desire to receive pleasure for itself and at the expense of others.”
Would be altruists are not an exception since they too derive pleasure from caring for others. But neither is doing it for the sake of the good connection between people and certainly not for the sake of the general system of nature.
Hence, out society is as bad. And it's easy to see it from the values that are espoused on every channel of communications.
There's a reason for this broken picture but that's for another thread.
