What is another name for laissez faire?

Question

What is another name for laissez faire?

Answer 1

indifferent

Answer 2

Complacency

Answer 3

Laissez-faire (pronunciation: French, [lesefɛʀ]; English, [ˌlɛseɪˈfɛɹ]) is a French phrase meaning "let do". From the French diction first used by the 18th century physiocrats as an injunction against government interference with trade, it became used as a synonym for strict free market economics during the early and mid-19th century. It is generally understood to be a doctrine that maintains that private initiative and production are best allowed to roam free, opposing economic interventionism and taxation by the state beyond that which is perceived to be necessary to maintain individual liberty, peace, security, and property rights.[1]

In the laissez-faire view, the state has no responsibility to engage in intervention to maintain a desired wealth distribution or to create a welfare state to protect people from poverty, instead relying on charity and the market system. Laissez-faire also embodies the notion that a government should not be in the business of granting privileges. As such, advocates of laissez-faire support the idea that the government should not create legal monopolies or use force to damage de facto monopolies. Supporters of laissez-faire also support the notion of free trade on the grounds that the state should not use protectionist measures, such as tariffs and subsidies, in order to curtail trade through national frontiers.

In the early stages of European and American economic theory, laissez-faire economic policy was in conflict with mercantilism, which had been the dominant system of the United Kingdom, Spain, France and other European countries, during their rise to power.

The term laissez-faire is often used interchangeably with the term "free market". Some use the term laissez-faire to refer to "let do, let pass" attitude for matters outside of economics.[2]

Laissez-faire is associated with classical liberalism, libertarianism, and Objectivism.[citation needed] It was originally introduced in the English-language world in 1774, by George Whatley, in the book Principles of Trade, which was co-authored with Benjamin Franklin. Classical economists, such as Thomas Malthus, Adam Smith and David Ricardo did not use the term. Bentham employed it, but only with the advent of the Anti-Corn Law League did the term receive much of its (English) meaning.[3] Free-market anarchists take the idea of laissez-faire to its full length by opposing all taxation, preferring law and order to be privately funded.

Answer 4

do nothing

Answer 5

It means "not interferring"  and the term is used politically to represent such government practice.   In our era it has become a deceitful ploy by big corporations to bring about privatization, deregulation and other supposed obstacles.  To have a better understanding think of "laissez faire" attitude regarding raising children...kind of like saying let them do what they want!   You can ask what are parents for, and by the same token, regarding corporations and plutocracy, such an attitude is like letting the elephant dance among the chicken!  Unfortunately because of public apathy and media manipulation we have allowed our governments to represent the super rich corporate world instead of the world of people and environment.

Answer 6

relaxed

going with the flow

sometimes negative== too easy going

Answer 7

sloppy, depending on the circumstance

Answer 8

... free market.

Answer 9

Let things be.

Naturalism as an economic school (Laissez faire, laissez passer. Le monde va de lui même.)