In economics, the term laissez-faire capitalism is sometimes used to differentiate “unrestricted” capitalism from welfare statism, which has a mixed economy with elements of capitalism. Laissez-faire is derived from the French expression “laissez-nous faire” which roughly translates to “let us be” (this time a worthy French import). It means that individuals are left to be in control of their lives and the government plays a very limited role in society. But since we’ve already defined welfare statism as a social system mixing both protection and violation of individual rights, we’re using the word capitalism without any qualifiers to represent the only social system compatible with individualism.
Think Right or Wrong, Not Left or Right 