laissez faire


Also found in: Thesaurus, Legal, Financial, Idioms, Encyclopedia, Wikipedia.
Related to laissez faire: Laissez Faire Leadership

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

(ˌlɛseɪ ˈfɛə; French lese fɛr) or

laisser faire

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]
ˌlaissez-ˈfaireism, ˌlaisser-ˈfaireism n

lais•sez faire

(ˌlɛs eɪ ˈfɛər)
n.
1. the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.
2. the practice or doctrine of noninterference in the affairs of others, esp. with reference to individual conduct or freedom of action.
[< French: literally, allow to act]
lais`sez-faire′, adj.

laissez faire

A French phrase meaning allow to do, used to mean noninteference in something, especially by a government in the commerce of a country.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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 fairelaissez-faire

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
References in periodicals archive ?
This was not the program of a devotee of laissez faire and, as Secretary of Commerce during the 1920-21 recession, he was determined to use his office to implement it.
Wealth, power, and the crisis of laissez faire capitalism.
The WHO also advises regulatory and policy cooperation between European governments, preventing fast food companies focusing marketing efforts on countries taking a more laissez faire approach on food.
The Depression demanded stronger government action even more urgently, even as the advocates of laissez faire opposed the New Deal.
Everyone's superiors act according to national typecast - the English are particularly snotty about their Scottish underlings' behavior - and only the folks who coined the term laissez faire survive the brief peace relatively unscathed.
Furthermore, a truly "Social" Gospel suggested that work would have to be carried on in a civic or community framework which was difficult given the strength of laissez faire and Social Darwinist notions of individualism in American Protestantism.
By definition, that's crony capitalism, not laissez faire.
Ayn Rand's Objectivism, which includes an advocacy of laissez faire capitalism, is also nontheistic.
For Dickens, writing about the gross economic injustices of the early industrial revolution and laissez faire capitalism of 19th-century Britain, the sin of Scrooge was his failure to respond to the desperate needs of the working-class poor crowded into the urban hovels and his indifference to the widows and orphans struggling to survive crushing poverty.