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
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