From dictionary.com the defintion of this is "the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs". Basically meaning that in economics the government should have little to no involvement. The statement that comes after this is interesting to look at and how they used that to further show what they meant by the laissez-faire system. Basically they are saying that if you cannot take care of your business yourself then you should not be having that business.

This idea reminds me of what we talked about with industrialization last class. The idea that a person who works as a farmer or other agricultural worker can simply be placed with a machine is what started the whole era in the first place. It is also interesting to see how they put that it is the political economists that that of the workers in that manner. They are most likely only looking at the money involved and the speed of production instead of value of the product.

This part is showing what kind of characteristics the Irish Republic was going to create and keep for all of its citizens. They are showing them to be something to be proud of. At the end of the sentence when it says "which have divided a minority in the past" they are showing how they are rising above the inequality some nations had shown before them and that equality was something that they were proud of.

It is interesting how this document refers to Ireland as "her" throughout this first section. Here, it is trying to have the country of Ireland to be free as its own nation.