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What is Laissez-Faire?

There stand two broad schools of thought: those who believe in state control of one or many aspects of the social order and those who believe in laissez-faire, that is, that attempts at state control are counterproductive to the cause of prosperity, justice, peace and the building of the civilized life. Laissez-faire says that the artists, merchants, philanthropists, entrepreneurs, investors, and property owners — and not the cartelizing thugs of the state — ought to be permitted to drive the course of history.

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