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laissez faire |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
laissez faire, laisser faire [ˌlɛseɪ ˈfɛə (French) lese fɛr] n
1. (Government, Politics & Diplomacy) a. Also called individualism the doctrine of unrestricted freedom in commerce, esp for private interests b. (as modifier) a laissez-faire economy 2. indifference or noninterference, esp in the affairs of others [French, literally: let (them) act] laissez-faireism , laisser-faireism n ThesaurusLegend: Synonyms Related Words Antonyms
Translations laissez faire [ˈleɪseɪˈfɛəʳ] A. N → laissez-faire m, liberalismo m económico B. ADJ [attitude, approach, policy] → liberal, liberalista laissez faire How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| This conservatism is identified with the promotion of commerce and industry, laisser faire capitalism, private enterprise and a minimal role for government. Hayek assisted this reevaluation of capitalism by rejecting laisser faire in the very first pages of The Road to Serfdom, and saying that he favored government intervention for monetary, environmental, and anti-trust policies. |
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