Why would business leaders favor laissez-faire capitalism and social darwinism?

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2026-07-07 03:55

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Business leaders may favor laissez-faire capitalism because it promotes minimal government intervention, allowing them more freedom to operate and innovate without regulatory constraints. Social Darwinism aligns with this mindset by suggesting that the strongest and most capable individuals or businesses will naturally succeed in a competitive market, justifying their success as a result of their inherent superiority. Together, these ideologies can serve to validate and perpetuate the accumulation of wealth and power among business elites.

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