Laissezfaire capitalism from "summary" of Atlas Shrugged by Ayn Rand
The idea of non-interference, of leaving men free to pursue their own interests, has been the cornerstone of capitalist theory. It is the means by which capitalism has achieved its miracles on earth, spreading its benefits to all who chose to partake of them. Laissezfaire capitalism is the purest form of this philosophy, allowing individuals to act upon their own judgments, without the coercive interference of others.
In a laissezfaire capitalist society, individuals are free to produce, trade, and consume as they see fit. There are no regulations or restrictions placed upon their activities, no government intervention to stifle their creativity or dictate their choices. Each person is free to pursue his own happiness, without fear of retribution or coercion from others.
It is this freedom that allows the best and brightest to rise to the top, to create and innovate in ways that benefit not just themselves, but all of society. By rewarding those who contribute the most to the common good, laissezfaire capitalism encourages excellence and ambition, driving progress and prosperity for all.
But this freedom comes with a price. It requires individuals to take responsibility for their own actions, to accept...
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