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Updated: May 31, 2025
The State became the servant of the individual from being his master; and service became equated with an internal policy of laissez-faire. Such summary, indeed, abridges the long process of release from which the eighteenth century had still to suffer; nor does it sufficiently insist upon the degree to which the old idea of state control still held sway in external policies of trade.
But I will state what I believe to be a fact; and that is that you would be the better for it if you were sedulously to cultivate a self-regarding policy of laissez-faire. It may be as rotten as you please as a national policy. Our own beloved countrymen are even now, I think, preparing for the world a most convincing demonstration of that.
We ourselves want to live in some such freedom and adventure as this. We are feeding our appetite for liberty as we gaze hungrily after the ships making their way out of harbour into the sea. For The Panther is a Government-bred horse, born and brought up in defiance of the laissez-faire principles of Mr Harold Cox.
Let her starve him, make him a slave, a bankrupt, or what not, he must submit, as the savage does to the hail and the lightning. "Laissez-faire," says the "Science du neant," the "Science de la misere," as it has truly and bitterly been called; "Laissez- faire." Analyse economic questions if you will: but beyond analysis you shall not step.
To give freedom to the strong to oppress the weak is not the way to secure the greatest possible amount of freedom in the world. This is the basis of the socialist revolt against the kind of freedom which used to be advocated by laissez-faire economists. Democracy is a device the best so far invented for diminishing as much as possible the interference of governments with liberty.
Shaw is none too eager for the guidance of any guiding government he knows, but in theory he has turned a full loop against laissez-faire. Most advanced thinking before the war had made the same turn against the established notion that if you unloosed everything, wisdom would bubble up, and establish harmony.
Their laissez-faire theory, for example, is really a version of his own favourite tenet, 'if a man will not work, neither let him eat. Although Fitzjames's views changed, he could never become a thorough Carlylean; and after undertaking to write about Carlyle in Mr.
Buchanan seems altogether too wholesale a disciple of the laissez-faire doctrine, and has allowed activity in mischief the same immunity from interference which is true policy only in regard to enterprise wisely and profitably directed.
What difference is there between the theory of laissez-faire and the antagonism of the anarchists and the syndicalists to every activity of the State?
All this looked very well on paper, but Catherine never allowed her sentimental liberalism to injure seriously the interests of her Empire, and she accordingly refrained from putting the laissez-faire principle largely into practice. Though a good deal has been written about her economic policy, it is hardly distinguishable from that of her predecessors.
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