Transmitting laissez-faire policies

Advocating free markets
Promoting laissez-faire economics

Description

Avoiding intervention in the economic processes by any government body.

Context

The basic philosophy was developed or taught by Jean Baptiste Say, James and John Stuart Mill, Jeremy Bentham, and Charles de Tocqueville. Society is a group of individuals, highly competitive, possessed of equal rights, who through searching for and acting out of their own economic interests will naturally bring about the general welfare. Generally under criticism throughout the end of the 19th and beginning of the 20th centuries, it ceased to be a policy of any modern state by the end of World War I.

Claim

Transmitting laissez-faire policies is a critical issue that undermines social equity and economic stability. By prioritizing minimal government intervention, we risk exacerbating wealth inequality and neglecting essential public services. This hands-off approach allows corporations to prioritize profit over people, leading to environmental degradation and worker exploitation. We must advocate for balanced policies that ensure fair competition, protect vulnerable populations, and promote sustainable growth. Ignoring this problem threatens the very fabric of our society and future generations.