|
gptkbp:instanceOf
|
gptkb:economic_policy
gptkb:philosophy
|
|
gptkbp:contrastsWith
|
socialism
mixed economy
state capitalism
|
|
gptkbp:criticizedFor
|
gptkb:John_Maynard_Keynes
gptkb:Karl_Marx
income inequality
market failures
lack of social safety nets
|
|
gptkbp:etymology
|
French for 'let do' or 'let it be'
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
laissez-faire capitalism
|
|
gptkbp:influencedBy
|
gptkb:Adam_Smith
gptkb:physiocrats
classical liberalism
|
|
gptkbp:notableFigure
|
gptkb:Adam_Smith
gptkb:Friedrich_Hayek
gptkb:Milton_Friedman
gptkb:Ayn_Rand
|
|
gptkbp:opposedBy
|
gptkb:legislation
protectionism
state intervention
|
|
gptkbp:originatedIn
|
18th century
|
|
gptkbp:practicedIn
|
gptkb:United_Kingdom_(19th_century)
gptkb:United_States_(19th_century)
|
|
gptkbp:principle
|
free markets
private property
minimal government intervention
voluntary exchange
|
|
gptkbp:relatedTo
|
capitalism
economic liberalism
libertarianism
free market
|
|
gptkbp:bfsParent
|
gptkb:Compassionate_Capitalism
gptkb:Social_Darwinism
gptkb:New_Nationalism
gptkb:Objectivism
|
|
gptkbp:bfsLayer
|
5
|