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Laissez-Faireism, or just Laissez-Faire, is an economic position that holds that the government should never intervene in the economy.
History
[edit]WIP
Beliefs
[edit]Laissez-faire capitalism is a form of capitalism where the government doesn't intervene in the economy whatsoever. A laissez-faire economy is one based on a free market, without any regulation on trade, business or working conditions. Laissez-faire capitalists also reject welfare, and believe in little (or even no) taxation. Laissez-faire capitalism can be justified either by arguing that such a system is the most efficient due to auto-regulation of the market, or that such a system is based on freedom, and therefore is the only ethical system. Laissez-faire capitalism is usually associated with libertarian ideologies such as
Libertarianism,
Minarchism,
Austrian Libertarianism and
Anarcho-Capitalism. While some people argue that a free-market system can be compatible with an authoritarian government, laissez-faire theorist overwhelmingly consider that false.
How to Draw
[edit]- Draw a circle.
- Fill the circle in pale gold.
- Draw a large black $ sign in the middle.
- You're done!
| Colour Name | HEX | RGB | |
|---|---|---|---|
| Pale Gold | #FBD979 | 251, 217, 121 | |
| Black | #000000 | 0, 0, 0 | |
Relationships
[edit]Friends
[edit]- File:AnCap.png Anarcho-Capitalism - We both agree that the government shouldn't interfere in the economy, but abolishing it is a bit too far, don't you think?
Austrian School - "If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action."[1]
Panarchism - Literally just more extreme me.
Market Socialism - Finally, a Socialist that gets it!
Neutral
[edit]
Capitalist Communism - My right-wing supporters say you're a tankie with the mask half-off, but you believe in free markets so
my socialist variant could use you as praxis.
Enemies
[edit]
Regulationist Capitalism - Why would you gatekeep what people can buy and sell?
Marxism-Leninism -
him unmasked. Planned economies are massive failures.
