Laissez-Faireism is an ideology based off a laissez-faire market system. It believes that the government should have no control over or interference in the economy at all. Laissez-faire economics can be both applied to Capitalism and
Market Socialism, as they are both market-based economic systems.
History
WIP
Beliefs
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, but it can also be supported by civically neutral, or even authoritarian ideologies.
How to Draw
- 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
Friends
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?
Capitalism - I love you brother, but you're not free enough.
Market Socialism - A socialist market can be free too!
Panarchism - Literally just more extreme me.
Neutral
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
Regulationist Capitalism - Why would you gatekeep what people can buy and sell?
Marxism-Leninism -
him unmasked. Planned economies are massive failures.
Further Information
Wikipedia
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