It's called "Lassez-faire" [0], from French "let do". Take a look at the "criticism" section of the linked wikipedia source. Besides that: I think that some f

It's called "Lassez-faire" [0], from French "let do". Take a look at the "criticism" section of the linked wikipedia source. Besides that: I think that some form of laws and regulation is necessary to prevent bad actors from taking advantage of people. In that sense, I strongly disagree with your approach. [0]: https://en.wikipedia.org/wiki/Laissez-faire https://en.wikipedia.org/wiki/Laissez-faire