This suggests laissez-faire (non-intervention) is the best policy of government towards the economy but given the abstract nature of the model, this has been debated.
Although liberal socialism unequivocally favors a market economy, it identifies legalistic and artificial monopolies to be the fault of capitalism and thus opposes entirely unregulated laissez-faire economic liberalism.
Monarchists had begun to use socialist as an antithesis of bourgeois "laissez-faire" indicating reliance on a social conscience as opposed to pure individualism.
However, it will do those students no favours to clear their path to universities whose complacently laissez-faire teaching methods continue to perpetuate educational disadvantage.
He believes that laissez-faire capitalism, historically speaking, is an oxymoron but has no quarrel with anarcho-capitalists who use the term and distinguish it from actually existing capitalism.
These include "laissez-faire" capitalism, welfare capitalism, crony capitalism and state capitalism; each highlighting varying degrees of dependency on markets, public ownership, and inclusion of social policies.
Under certain circumstances, countries may issue travel documents (such as laissez-passer) to aliens, that is, to persons other than their own citizens.