laissez-faire

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Related to Laissez-faire capitalism: laisser faire

lais·sez faire

also lais·ser faire  (lĕs′ā fâr′, lā′zā)
n.
1. An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its own economic laws.
2. Noninterference in the affairs of others.

[French : laissez, second person pl. imperative of laisser, to let, allow + faire, to do.]

lais′sez-faire′ adj.

laissez-faire

The doctrine of leaving economic activity to market forces free of government interference.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.laissez-faire - with minimally restricted freedom in commerce
capitalistic, capitalist - favoring or practicing capitalism

laissez-faire

laisser-faire
noun nonintervention, free trade, individualism, free enterprise, live and let live the doctrine of laissez-faire and unbridled individualism
Translations

laissez-faire

[ˌleɪseɪˈfɛər ˌlɛseɪˈfɛər]
nlaisser-faire m
modif [policy, approach] → de laisser-faire

laissez-faire

adj (Econ) → Laisser-faire-; (fig)leger, lax; laissez-faire economicsLaisser-faire-Wirtschaftspolitik f

laissez-faire

[ˌlɛseɪˈfɛəʳ]
1. nliberismo
2. adjliberistico/a
References in periodicals archive ?
But there has been no failure of free trade; there has been no failure of laissez-faire capitalism.
Then, too, it seemed that Kolko had demonstrated that laissez-faire capitalism was not at all the system that had prevailed during America's Gilded Age, as the Progressive historians had long claimed.
This work will seek to answer two questions: 1) Was the Fuller Supreme Court justified interpreting and using the Due Process Clause of the Fourteenth Amendment to support laissez-faire capitalism and lay the legal foundation for the modern corporate state?
One of the most highly praised (and simultaneously, thoroughly reviled) authors in the world, Ayn Rand is especially notable to this day for her lifelong efforts to provide a moral defense of laissez-faire capitalism.
Even Centesimus Annus, however, hardly extols laissez-faire capitalism.
However, Thomas Palley, an economist, told Al Jazeera: "We have had an experiment in laissez-faire capitalism and that has not worked.
In 1882, New York clamoured for an appearance by the champion of laissez-faire capitalism, Herbert
China's development-at-any-cost approach recalls the unbridled laissez-faire capitalism in the West up to a century ago.
As a result, the average American leaves school generally believing that laissez-faire capitalism needs to be restrained and that a benevolent government is working to ensure that consumers, taxpayers, and small entrepreneurs are not being exploited by Big Business.
Combined news reportMilton Friedman, an American economist who made major contributions to the fields of macroeconomics, microeconomics, economic history and statistics while advocating laissez-faire capitalism, died at the age of 94 in San Francisco on November 16, 2006 of heart failure.
Concluding this point-by-point analysis, a disturbing diagnosis is delivered: the institutional embodiment of laissez-faire capitalism fully meets the diagnostic criteria of a 'psychopath.