About: Laissez-Faire (Civ6)   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Laissez-faire economics is the capitalist’s holy grail, for all private transactions are completely free from any sort of government involvement or oversight – including tariffs, subsidies, trade regulations, limits on monopolies, price controls, labor affairs, or any other such nonsense. The debate on laissez-faire economics dates back as far as the Han, Tang, Song, and Ming dynasties in China when officials and merchants argued for centuries on how much government involvement was necessary or justified. In the modern age, as multi-national corporations became ever more influential, the debate intensified, with Adam Smith acknowledging deep moral ambiguities and John Maynard Keynes condemning laissez-faire economics outright.

AttributesValues
rdfs:label
  • Laissez-Faire (Civ6)
rdfs:comment
  • Laissez-faire economics is the capitalist’s holy grail, for all private transactions are completely free from any sort of government involvement or oversight – including tariffs, subsidies, trade regulations, limits on monopolies, price controls, labor affairs, or any other such nonsense. The debate on laissez-faire economics dates back as far as the Han, Tang, Song, and Ming dynasties in China when officials and merchants argued for centuries on how much government involvement was necessary or justified. In the modern age, as multi-national corporations became ever more influential, the debate intensified, with Adam Smith acknowledging deep moral ambiguities and John Maynard Keynes condemning laissez-faire economics outright.
enabled with
  • Capitalism
dbkwik:civilizatio...iPageUsesTemplate
Type
  • Great Person
Title
  • Laissez-Faire
Effect
  • +4 points per turn.
abstract
  • Laissez-faire economics is the capitalist’s holy grail, for all private transactions are completely free from any sort of government involvement or oversight – including tariffs, subsidies, trade regulations, limits on monopolies, price controls, labor affairs, or any other such nonsense. The debate on laissez-faire economics dates back as far as the Han, Tang, Song, and Ming dynasties in China when officials and merchants argued for centuries on how much government involvement was necessary or justified. In the modern age, as multi-national corporations became ever more influential, the debate intensified, with Adam Smith acknowledging deep moral ambiguities and John Maynard Keynes condemning laissez-faire economics outright.
Alternative Linked Data Views: ODE     Raw Data in: CXML | CSV | RDF ( N-Triples N3/Turtle JSON XML ) | OData ( Atom JSON ) | Microdata ( JSON HTML) | JSON-LD    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software