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laissez faire
(redirected from laisser faire)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
lais·sez faire also lais·ser faire  (ls fâr, lz)
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.]

laissez-faire adj.

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
Noun1.laissez faire - the doctrine that government should not interfere in commercial affairs
doctrine, ism, philosophical system, philosophy, school of thought - a belief (or system of beliefs) accepted as authoritative by some group or school
Translations
laissez faire [ˈleɪseɪˈfɛəʳ]
A. Nlaissez-faire m, liberalismo m económico
B. ADJ [attitude, approach, policy] → liberal, liberalista
laissez faire
nLaisser-faire nt; there’s too much laissez faire herehier geht es zu leger zu


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? Mentioned in ? References in periodicals archive
 
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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