George soros says that laissez faire economics is a threat to freedom, a response in General Posted January 6, 2006 Total laissez-faire capitalism conflicts with the interests of individuals in the real world. People canâ€™t be expected to apply and follow ideas to the letter. In a world where everyone was honest and just, maybe you could have a totally free market place. But I canâ€™t imagine that happening in the real world. People will peruse their interests and it maybe in the interest of some individuals to be dishonest and unjust. It is in the interest of people to be defended against dishonesty and injustice. To defend against dishonesty and injustice, states must make regulations on markets, and once regulations are introduced, the totally free market no longer exists. it may be in peopleâ€™s interest to have public owned industries for practical reasons. Such as a company to provide water and sanitation facilities to customers that are unprofitable. â€œIn sharpest contrast to the present system of massive government intervention, under laissez-faire capitalism the activities of the state are confined to the protection of the individual against acts of aggression, such as, for example, murder, robbery, rape, and fraud, and attack by foreign aggressor governments. The state does not go beyond this strictly limited function. It does not intrude in people's economic activitiesâ€ The state has to intrude to perform the functions that states are instituted to perform. There are reasons people create governments and sometimes in order to perform the duties of government, the state must interfere in peoples economic activities. I think the issue shouldnâ€™t be if the government should interfere in or not, but how much interference is needed for the maintenance of justice. Two important reasons among the reasons that governments are instituted by people are 1. The maintenance of Justice and 2. To provide for the publics welfare. I donâ€™t see how a state can meet these requirements without interfering in the market to an extent.