The current state of the U.S. economy, the pros and cons of the U.S. market economy

The advantages of a market economy are as follows:

1. It can be that economic activities follow the requirements of the law of value, adapt to the changes in supply and demand, and allocate resources to links with better benefits through the function of value leverage and competition mechanism;

2. Able to achieve survival of the fittest and promote technological and management progress with pressure and motivation;

3. It is sensitive to various economic signals and can promote the timely coordination between production and demand;

Great emphasis is placed on the role of market forces in promoting economic development, and it is believed that the market can only play a secondary role in economic development. Advocating the spirit of entrepreneurship, advocating market efficiency and criticizing the best in advance, whether to regulate or not is often aimed at whether it is conducive to the interests of consumers, and less from the perspective of producers. Social habits and policies focus more on promoting private consumption and neglect savings.

To put it simply, the advantage of a liberal economy is that the market booms quickly, and consumption is the main driving force for economic growth. The disadvantage is that the blind expansion of consumption eventually leads to a false market boom, and the market data cannot correctly reflect the actual situation, and finally it becomes an economic bubble, and as soon as there is a problem with consumption or banks, the economy immediately has a problem. This has been proven by history, for example, the "Coolidge False Boom" in 1929 led to the largest economic crisis of the last century and the financial tsunami of 08, and the market economy consumed resources and energy uncontrollably as the price of market survival and development.

National resources and energy are limited, and the world's resources and energy are also limited. Due to the uncontrolled exploitation and consumption of resources and energy, the contradiction between non-renewable resources and limited energy resources and the unquenchable needs of the market economy is irreconcilable. Resources are rapidly decreasing and depleting rapidly, and the energy generated by resources is always insufficient.

After all, the so-called new energy still needs to be based on resources, such as hydropower and wind power as new power sources, but its generation also needs resource guarantees. Call electric vehicles new energy vehicles, but it must also be guaranteed by resources. There is no such thing as a new source of energy that is detached from non-renewable resources.

No matter how it is deformed, the market economy is accelerating the consumption of non-renewable resources, and if the planned economy is implemented, the consumption of non-renewable resources can be greatly delayed, and the sustainable development of domestic and international social and economic resources can be provided to the greatest extent. In essence, the planned economy is a resource-intensive economy and an economy that has maintained the stamina for sustainable development for a long time, while the market economy is just the opposite, and it is unwise to sacrifice the advantages of the planned economy to take advantage of the shortcomings of the market economy. Resources are not only limited to mineral resources, but also cover water resources, land resources, vegetation resources, animal resources, atmospheric resources and other natural substances for human survival and development.

For example, global warming, the greenhouse effect, and environmental pollution are all inseparable from the economic system of the market economy.