You've really covered the dilemma adroitly and eloquently raised the primary issue.
"Left and Right are socio-political labels between individualism and communal preferences in policy and human interaction."
I might have missed something in the original posting but....
Isn't boiling down the current Left and Right to individual vs communal preferences obscuring our current Left/Right political situation?
The far left is too eager to insure all citizens not endure suffering and few opportunities to have decent lives, by legislating hundreds of programs and making the higher income groups pay additional taxes to fund them. Often with little consideration of effectiveness.
The political middle (now mainly Democrats and Independents) attempt to balance the needs of the many with the desires of the few, i.e. the top 1%. They believe modest constraints on the actions of the few are rational and desirable in order to buffer hundreds of times more who are struggeling in the worst of circumstances (like no medical insurance and treatment when needed).
What the media call the Right (actually now the Far right) believe in is using their resources to buy political influence and get the outcomes they desire with no constrains. They want to see no limits imposed on their actions regardless of the impact on anyone else.
They pretend (or imagine) that acting with no regard to the needs of others will somehow lead to better a economic outcome for the U.S.
In many cases doing so leads to objectively worse outcomes. The 'Tragedy of the Commons' tale attempts to show some ways this is true. Elon Musk's frequent comments on "pricing the (currently) unpriced externalities of carbon emissions" is a good example of exceptionally talented individuals behaving morally by also acting for the common good. Even if that reduces the growth of their personal wealth to some degree.