In a real system of laissez-faire, there would be no government-subsidized mortgages, no “too big to fail” mentality, no central bank and no massive business bailouts.

Laissez-faire is a basic tenet of the Republican Party and needs to be removed, because the average American in the USA doesn’t have a clue how sharp marketing tactics pick their pockets daily.

As Dracula recoiled from the cross, liberals shrink in horror from the phrase “laissez-faire.” The thought of a world without government control of capitalism sends them screaming into the night.

Review The Laissez-Faire Experiment: Why Britain Embraced and Then Abandoned Small Government, 1800–1914 Reviewed by Andrew Moravcsik January/February 2025 Published on January 7, 2025 ...