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    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

    1. Draw a circle.
    2. Fill the circle in pale gold.
    3. Draw a large black $ sign in the middle.
    4. 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

    Further Information

    Wikipedia

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