Political Nevada

What is Laissez Faire Capitalism and what is it’s connection with Libertarianism?
Is Libertarianism simply another term for the Laissez Faire Capitalism of the 18th century; and is Laissez Faire another term for Anarchy?
Here are two definitions, one of Laissez Faire Capitalism and the other of Libertarianism.

Laissez Faire is an economic theory from the 18th century that strongly opposes any government intervention in business affairs, it is also called “Let it Be Economics” People who support Laissez Faire are against minimum wage, duties and any trade restrictions

Libertarianism is the view that each person has the right to live his life in any way he chooses so long as he respects the equal rights of others. Libertarians defend each person’s right to life, liberty, and property-rights that people have naturally, before governments are created. In the libertarian view, all human relationships should be voluntary; the only actions that should be forbidden by law are those that involve the initiation of force against those who have not themselves used force-actions like murder, rape, robbery, kidnapping, and fraud.

Sharron Angle calls herself a Libertarian, and the economics that she is spouting is very much Laissez Faire capitalism. Has Ms. Angle
stepped back into the 17th Century? Is she a Libertarian, a Laissez Faire Capitalist, or are they the same philosophy but different words?

Looking at the definitions of both terms, it seems that Right Wing Libertarians are simply the Laissez Faire Capitalists of the 21st Century. So, it isn’t the ultra conservatives that have won the nomination to represent the Republican Party in their effort to eliminate Senator Reid, it is the Laizzez Fair Party of the 17th century that is running under the Republican banner. Even a tried and true Republican must realize that the Laizzez Fair Capitialist approach is not a practical approach to todays’ world.

Of course even those, like Sharron Angle who profess little to no government intervention on most things wants intervention when it suits their purpose.

Anarchy is very close to the philosophies of both laissez Fair Capitalism and Libertarianism which has never been practical, or reliable in the political, or social world.
These Anarchists feel the individual capitalist is the best to make the decisions for the welfare of the country as well as the people who live in this country. But as much as they want individualism, they complain when something goes wrong that affects their financial stability. They want controls when it suits their purpose and want total “freedom” from control when they are stopped by regulations that might cost them money or inconvenience, even when those regulations are in place to protect the consumer from a serious destructive practice.

People like Sharron Angle believe in “Let It Be Economics” which means they also believe in “Let the Buyer Beware” which is something that civilization grew out of over 50 years ago. The only way to protect people from that philosophy is to have regulations, but for Sharron Angle, regulations are not necessary, are an infringement of the “individuals rights”. Sorry, but it can’t be both ways, either there are regulations to protect the people or there are no regulations, and if there are regulations someone has to make them, who makes them is determined by the voters when they decide to have representation. When regulations are needed, it makes no sense to allow each state to make their own regulations since that would create a continent of 48 independent countries, as well as the two independent countries of Hawaii and Alaska. The confusion as to what the laws would be whenever someone would be traveling between states would be astronomical.

Laissez Faire, Libertarianism, States Rights; they are all interrelated. Within these philosophies are some good and even fair ideas, but taken as a whole these philosophies are based upon a belief that people will do what is right, that rich people will generously share with their poorer neighbor to ensure that no one starves. That philosophy has never worked and continues in its failure today. Selfishness is more the norm than sharing, which is why there has to be rules and laws even when those rules and laws “infringe on My rights”
The world has changed in the past 300 years since Laissez Faire was first proposed, and when looked at in this century, Laissez Faire, True Libertarianism, and Anarchy(which has never worked) will not work.