Difference between revisions of "Laissez Faire"

[[Category:Capitalism]]

[[Category:Capitalism]]

[[Category:Economics]]

[[Category:Economics]]

[[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=}}