Laissez-faire
volume
British pronunciation/lˈeɪsɛzfˈeə/
American pronunciation/lˈeɪsɛzfˈɛɹ/

Definition & Bedeutung von "laissez-faire"

laissez-faire
01

Laissez-Faire

relating to a policy in which private businesses are allowed to thrive without government control

laissez-faire

adj
example
Beispiel
The debate between statism and laissez-faire capitalism centers on the extent to which the state should intervene in the economy and regulate private enterprise.
Objectivism advocates for laissez-faire capitalism as the ideal social system, arguing that it respects individual rights and fosters human flourishing.
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