Arkolon wrote:Camelza wrote:Well then Laissez-faire's funtamentals disagree with Laissez-Faire itself.
Or pherhaps you don't understand what I mean by "unrestrained".
Just to clear things out; By unrestrained capitalism I mean the practice of certain companies to use their lobbies and through them manipulate a democratic system in their favour, breaking the laws and the natural way of an economy which is for, ie; a completely in-debt company(no matter how big) to go bankrupt.
I believe in laws, I don't believe in pro-market interventionism and lend culture.
Unrestrained doesn't mean any of that. That's crony capitalism, and nobody likes that except its participants.
Crony capitalism is the next stage of unrestrained capitalism.
For capitalism to work the state must not interfere with the economy but in the meantime to have laws in effect that restrict the markets from intervening in politics.
That's what laissez-faire is.