laissez-faire

noun

laissez-faire is an economic system based on individualism and self-interest:

free enterprise, private enterprise, free trade, individualism, non-intervention, free-market capitalism, private ownership, market forces, deregulation;

non-interference, non-involvement, indifference.

adjective

a belief in laissez-faire economics:

non-interventionist, non-interventional, non-interfering, non-restrictive, liberal, libertarian, uninvolved, indifferent, lax, loose, permissive, live-and-let-live;

informal hands-off.

▷antonyms interventionist.

laissez-faire Oxford Dictionary of English