One of the tenets of collectivism is that the welfare of society is be

QUESTION

One of the tenets of collectivism is that the welfare of society is best served by letting people pursue their own economic self-interest.

Indicate whether the statement is true or false.

ANSWER

FALSE
In collectivist societies, an individual’s right to do something may be restricted on the grounds that it runs counter to “the good of society” or to “the common good.” However, individualism holds that the welfare of society is best served by letting people pursue their own economic self-interest, as opposed to some collective body (such as government) dictating what is in society’s best interest.