Difference between revisions of "Laissez Faire"
From Critiques Of Libertarianism
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[[Category:Capitalism]] | [[Category:Capitalism]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
+ | [[Category:Market Fundamentalism]] | ||
[[Category:Failures Of Libertarian Philosophy]] | [[Category:Failures Of Libertarian Philosophy]] | ||
{{DES | des = Laissez faire is a hypocritical propaganda term: it is government that creates a capitalist environment, advantaging capitalists over others. [[Unregulated Market]] is a more honest term. History shows pretty clearly that unregulated, unfettered capitalism is a brutal environment where wealth accumulates in the hands of an elite leaving most people in poverty, deeply vulnerable to the inevitable economic shocks that follow. | show=}} | {{DES | des = Laissez faire is a hypocritical propaganda term: it is government that creates a capitalist environment, advantaging capitalists over others. [[Unregulated Market]] is a more honest term. History shows pretty clearly that unregulated, unfettered capitalism is a brutal environment where wealth accumulates in the hands of an elite leaving most people in poverty, deeply vulnerable to the inevitable economic shocks that follow. | show=}} |