👉 Laxism is a political ideology that advocates for limited government intervention in economic affairs, often seen as a form of laissez-faire capitalism. It emphasizes reducing government regulation and providing more room for free market principles to operate, sometimes leading to criticism for being too laissez-faire or overly supportive of the private sector. Laxists argue that excessive government interference can stifle innovation, reduce competition, and limit economic growth. Laxism is often associated with countries like Denmark, which has a
