laissez-faire – מילון אנגלי-אנגלי
Laissez-faire
Laissez-faire (, ) is an economic system in which transactions between private parties are free from
government interference such as
regulations,
privileges,
tariffs, and
subsidies. The phrase
laissez-faire is part of a larger
French phrase and literally translates to "let (it/them) do", but in this context usually means to "let go".
laissez faire
Noun
1. the doctrine that government should not interfere in commercial affairs
(synonym) individualism
(hypernym) doctrine, philosophy, philosophical system, school of thought, ism
laissez-faire
Adjective
1. with minimally restricted freedom in commerce
(synonym) individualistic, laissez-faire(a)
(similar) capitalistic, capitalist
laissez-faire
n.
politika volného trhu, týkající se volného trhu
Laissez-faire
The doctrine stating that the government should stay out of business and economic affairs.
Laissez-faire
Literally, French for "Let do." The classical
liberal (and modern
libertarian) doctrine that the economic affairs of society are best guided by the free and autonomous decisions of individuals in the marketplace, to the near exclusion of government interference in economic matters. That is, the doctrine that government should almost always leave people alone and let them do as they please, so long as they respect the personal and
property rights of others.
[See also: liberalism, libertarianism]
