The text explores the characteristics of command and market economies, using the allegory of George Orwell's "Animal Farm" to illustrate key concepts. In a command economy, there's a focus on security, stability, and equity.
People are able
to distribute the
income and wealth
evenly to make
something right and
equal.
Efficiency
Business owners
can fire people
who aren't doing
their job correctly,
and hire people who
will do their work
right.
Freedom
You have the
right to
start your own
businesses.
Command Economy
Stability
All people are
able to keep their
jobs and prices
remain stable.
In Animal Farm
all the animals
had something to
accomplish and
what they sold
their goods for
was always the
same.
Security
When someone
has made
something, they
are allowed full
rights to what
that is. Like how
in Animal Farm
they believe what
they made should
be theirs to keep.
Equity
People are all to
be treated the
same and it in the
end they all have
the same amount.
Like in Animal Farm
they all worked the
same amount, and
got fed the same
in the end.