Laissez-faire capitalism, leaving people alone do what they want. Some may think that this is an ideal economy, where the property is privately owned and owners are free to do what they wish with that property. In a state of Laissez-faire capitalism, there would be no labor laws, no health laws, few to none tax laws, etc., with only enough rights to protect property rights. If laws like these did not exist then the economic system would be faced with wealth gaps, poor treatment of workers, and lack of safety in the workplace if there was no government to step in. Without regulations companies would be able to dominate their area of industry, defeating capitalism. When there are no laws corporations become irresponsible and misled consumers
