The doctrine of laissez-faire capitalism assumes that economic actors will always behave in a rational, self-interested manner.

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The doctrine of laissez-faire capitalism is based on the belief that economic actors, such as individuals and companies, will act in their rational self-interest, without the need for government intervention or regulation. This is a core assumption of the theory, although in reality, economic actors may not always behave in a purely rational manner.

The Doctrine of Laissez-Faire Capitalism Assumes That Economic Actors Will