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Adjective: laissez-faire  ,le,sey'fehr or ,ley,zey'fehr
  1. With minimally restricted freedom in commerce
    "The problems associated with laissez-faire leadership can intensify when a follower does not have the capabilities to compensate";
    - individualistic
Noun: laissez faire  ,le,sey'fehr or ,ley,zey'fehr
  1. The doctrine that government should not interfere in commercial affairs
    - individualism

See also: capitalist, capitalistic

Type of: doctrine, ism, philosophical system, philosophy, school of thought

Encyclopedia: Laissez-faire

Laissez faire, laissez aller