Examining Presuppositions of Kierkegaard's Existentialism

I originally posted this on the Rhodes Existentialism blog, found here. I decided to re-post it along with the comments it received.
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Perhaps I am not familiar enough with the school, but it seems to me that there may be an underlying presupposition to existentialist thought that I would like to examine. Why is the individual more important than the collective? Why is it important that we are free? Are we so sure that meaning must be created and not found? It seems that some people may, in their eagerness to rid themselves of Hegel and his System, swung to the opposite extreme and not considered the reasons for the assumptions that they make. Then again, perhaps I am simply missing an obvious point, or I have yet to come across it. I would appreciate any clarification.

I do, as a matter of fact, think that the individual is more important than the government, or the state, or most collective groups, because it is my belief that the individual will exist forever, and to the life of a single soul the history of states is a passing dream, but I would not be so quick to discount all collective interests. For me, the Christian church would be an instance in which sometimes (and perhaps many times) the interests or desires of an individual should be subjugated to that of the collective. Personal autonomy may be a good thing, but it is not the only thing, and our freedom is not for me our highest good.

But again, I have an extremely limited knowledge of existentialist thought, and would appreciate correction.