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From course:

Politics A-Level: Ideologies (DONEEEEE)

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Question:

Why would Classical Liberals support Laissez-faire Capitalism?

Author: eric_galvao



Answer:

-Because the Support for a Limited State, they wouldn't want to see Interference in the Economy and Free Trade -Classical argues that Gov Intervention Harms the Freedom of Firms of making Profits and the Economy is in the Hands of Private Individuals. -Adam Smith argued the Market could and would Regulate itself via the Invisible Hand -Free Individuals can choose to Enter any Contract they like, or interact with any Market they want


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