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View Poll Results: Would you really want to live in a Laissez Faire Capitalism society?
Yes 17 42.50%
No 17 42.50%
Unsure/Other 6 15.00%
Voters: 40. You may not vote on this poll

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Old 02-19-2009, 08:45 AM
 
Location: Tampa
3,982 posts, read 10,461,528 times
Reputation: 1200

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I read alot on these threads how people here want to live in this type of system.

Think about all the consequences, like a porn store opening right across the street from your home, and decide if you still would want it.




"Laissez Faire" is French for "leave alone" which means that the government leaves the people alone regarding all economic activities. It is the separation of economy and state.
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Old 02-19-2009, 08:52 AM
 
2,095 posts, read 2,581,287 times
Reputation: 1268
I wouldn't want to live in a Laissez Faire world where everything and anything goes. I also don't want to live in a far left liberal's communist/socialist utopia. I believe that government should provide minimum regulation to protect the public from fraud.

Last edited by Bostonian123; 02-19-2009 at 10:01 AM..
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Old 02-19-2009, 08:52 AM
 
1,020 posts, read 1,377,395 times
Reputation: 580
If government does not regulate corporations, then corporations will regulate the government. Which better represents the "average person," corporations or government? I voted "no."
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Old 02-19-2009, 08:53 AM
 
Location: Londonderry, NH
41,479 posts, read 59,778,277 times
Reputation: 24863
Laissez Faire Capitalism is fine so long as the capitalist has a monopoly from the King. Otherwise some miserable price cutting competitor could show up and kill profits. Economists love the theory of pure capitalism. Businessmen and investors hate it and work very hard to limit access to markets to the self selected few as well as establishing concealed price controls.

Laissez Faire Capitalism has nothing to do with a porn store. That is zoning based on an emotional determination for good taste and acceptable behavior.
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Old 02-19-2009, 09:50 AM
 
7,528 posts, read 11,363,895 times
Reputation: 3652
Laissez Faire-a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights.
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How you respond to this question can be a matter of how you understand or misunderstand what Laissez Faire is. Lets keep the common definition in mind. Laissez Faire dosen't mean you won't have laws and some regulations in place to prevent shady and abusive business practices. So Laissez Faire isn't "wild west" economics necessarily.
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Old 02-19-2009, 10:05 AM
 
20,187 posts, read 23,852,928 times
Reputation: 9283
Laissez Faire isn't anarchy... its a non-intervention from the government to the trading between people... I haven't seen a government or system that was a TRUE laissez faire and strangely enough, the people who seem to "hate" the laissez faire system seem to think we already have it in the US... yet, here they are... apparently the "no's" are lying..
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Old 02-19-2009, 10:57 AM
 
Location: Earth
24,620 posts, read 28,279,876 times
Reputation: 11416
That's what we had under Bush.
The results are not so nice.
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Old 02-19-2009, 01:05 PM
 
7,528 posts, read 11,363,895 times
Reputation: 3652
Quote:
Originally Posted by chielgirl View Post
That's what we had under Bush.
The results are not so nice.
Could you elaborate?
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Old 02-19-2009, 01:24 PM
 
Location: toronto, Canada
773 posts, read 1,215,212 times
Reputation: 283
Myself as a minarchist, anarcho-geolibertarian, I still support the laissez-faire economic system.
It's too bad for me that it has never been practiced anywhere.
The world has never had such an anti-authoritarian environment to live in outside of unpopulated Antarctica and several pacific islands.
I guess I'll have to find me a warm tropical one.
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Old 02-19-2009, 02:02 PM
 
Location: Rural Northern California
1,020 posts, read 2,754,743 times
Reputation: 833
I'll never understand how someone can implicitly trust the government and implicitly distrust corporations. Corporations are accountable to the almighty greenback, the government is accountable to special interests and slick political speeches, and has a monopoly on coercion. Don't like a product or certain business practices of a corporation? Organize against it. Boycott, run ad campaigns, hold rallies, etc. Don't like what the government is doing with your money? Tough. As long as candidates can promise enough fairytales to enough people (it doesn't matter if they actually follow through on their promises), they can maintain power. Are corporations fallible? Absolutely, which is why we must carefully find a happy medium of sensible government regulation somewhere between weak, toothless suggestions and stifling government predomination. As of late, I'd say the folks in Washington have gotten a little bit too big for their britches.
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