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laissez-faire

Pronunciation: /ˌleɪseɪˈfer; ˌleɪseɪˈfeə(r)/
laisser-faire

Translation of laissez-faire in Spanish:

noun/nombre

uncountable/no numerable
  • laissez faire (masculine), liberalismo (masculine) (económico); (before noun/delante del nombre) [economics] liberalista; [attitude] liberal
    Example sentences
    • That doesn't mean advocating a policy of laissez-faire; it means helping all people to work together for their common good.
    • For example, the hunting of musk-oxen was banned at the end of World War I, but generally policy was laissez-faire.
    • David J. Hanson, a retired professor from nearby Syracuse University, has studied youth drinking and likes Montreal's laissez-faire policies.
    Example sentences
    • The original Western nineteenth-century route to modernization was associated with laissez-faire capitalism, individualism, and democracy.
    • In all of his complaining about laissez-faire and the free market, Polanyi somehow overlooks probably the single most important aspect of this system: freedom.
    • The laissez-faire philosophy of competitive capitalism translated into untold misery for the laboring classes in industrial cities.

Definition of laissez-faire in:

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Cultural fact of the day

The current Spanish Constitution (Constitución Española) was approved in the Cortes Generales in December 1978. It describes Spain as a parliamentary monarchy, gives sovereign power to the people through universal suffrage, recognizes the plurality of religions, and transfers responsibility for defense from the armed forces to the government. The Constitution was generally well received, except in the Basque Country, whose desire for independence it did not satisfy. It is considered to have facilitated the successful transition from dictatorship to democracy.