The problem with a command economy is that there is no individual. Everything is controlled by the government which leads to the two entirely different opinions forming. The first is that every person is insignificant because the government is in everything and that there is absolutely no control in the individuals life. The latter is that every human and thus I am flawed, so instead of making mistakes, I can let the government make all of the decisions. The problem with this is that the government is run by people which are flawed so the perfect system is really not perfect at all.
The market economy is complete freedom without regulation. This economical structure gives way too much freedom to business and the individual. This leads to competition and competition results in people doing whatever they can to make a profit. This is not only animalistic, but also horrific for it creates a few alpha males and a lot of small pawns. This would be the relationship big businesses have to small businesses today.
So far we are batting zero for a great economical structure, so why not take a balance of each side. This would be titled socialism and in essence is a great idea. Although, it could just be another good idea just like the last two. Where do you stand on this economical line? Are you landing in the black, the white or the grey area?
http://www.progressiveu.org/105434-command-economy-vs-market-economy
Sunday, September 28, 2008
Sunday, September 21, 2008
Command Economy
A command economy would work perfectly if it were possible for an uncorrupted government to run it. The basic idea behind the command economy is that the government should regulate price and supply rather than the market. How they do this is by directing businesses on every aspect of producing the finished good. The problem with this is that people don't want to work under these circumstances. Also, workers when striving for a specific volume of the good, tend to make the product poorly so they can make a greater volume of it. Another problem with the command economy is that government leaders tend to not spread the wealth equally and fill their own pockets. That is when the command economy starts to look not so perfect.
A command economy sounds promising, but it can become the government manipulating the people to meet its own needs. People will always put themselves before others and this is why the command economy is flawed. If a country could act as one body instead of individuals striving for personal success, then the economy would work, but this will never happen. I don't think there is one perfect economy and I don't believe there ever will be. We must make the best of what we are given and fix what we can.
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