You believe that minimal government intervention in the economy leads to increased individual freedom, innovation, and overall prosperity.
Laissez-faire capitalism is a political ideology that advocates for minimal government intervention in the economy. The term "laissez-faire" is French and translates to "let do" or "let go," which encapsulates the ideology's belief in allowing the market to operate freely without interference. This ideology is rooted in the belief that the natural forces of supply and demand are the best determinants of economic growth and prosperity. It posits that when individuals are left to their own devices, they will act in their own self-interest, leading to competi…
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How would the quality of products and services you use daily be impacted without government quality control?
The governments in most countries change the policies in favour of bigger cooperations. They should do the opposite to improve competition. There is no perfect market where we can apply "no rules". The government must apply rules to make it as fair as possible to cut down monopolies and give small businesses a little advantage.
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If you could choose, would you prefer a government that stays out of economic affairs, even if it means some people might get left behind?
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for the sake of social justice, compliance with the standards of quality of goods and services, and national security. the state is obliged to interfere in the market and this is one of its primary tasks for the people
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