Modern Individualism
Modern Individualism Decline of the 19th century Individualism and emergence of Modern Individualism in the 20th century. After the 18th century, there was a decline in the influence of individualism and in its place the idealism and collectivism gained importance. Joad says, "The theory of individualism or its doctrine of freedom, which is very valuable in politics,when applied in economic sphere,proved disastrous". According to Joad,individualism is based on three misconceptions: 1-That each individual is equally sagacious and he has an equal capacity for knowing what he wants. 2-That each individual possesses an equal power of obtaining what he wants and an equal freedom of choice. 3-That the satisfaction of the wants of all individuals is identical with the well-being of the community as a whole. Thus on the basis of the reasons mentioned above, individualism suffered a setback and idea...