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laissez-faire
(redirected from Laissez-faire capitalism)

   Also found in: Encyclopedia, Wikipedia 0.04 sec.
laissez-faire
Of, relating to, or being an economy devoid of government interference.


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As a result, the average American leaves school generally believing that laissez-faire capitalism needs to be restrained and that a benevolent government is working to ensure that consumers, taxpayers, and small entrepreneurs are not being exploited by Big Business.
These as the acceptance of laissez-faire capitalism as not just a neutral, value-free economic system, but one that is morally good, and a lens that views social problems as mere extensions of personal problems that are moral or spiritual in nature.
And while Sinasac takes pains to suggest that his protagonist was no socialist in Catholic clothing, he paints Somerville as a constant critic of laissez-faire capitalism, and its tendency to stifle social reformers with a radical-atheist tag.
 
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