Answer:
This belief is generally known as libertarianism or classical liberalism. Libertarians generally believe in a limited government that is primarily responsible for protecting individual rights and maintaining law and order, but not for regulating or intervening in the personal lives or economic decisions of individuals. They believe that individuals should have the freedom to make their own choices and pursue their own interests as long as they do not harm others. Libertarians also typically advocate for free markets and limited regulation, believing that individuals and private businesses can make better decisions about how to allocate resources and create wealth than the government can. They believe that government intervention and regulation often lead to inefficiency and corruption, and that the best way to promote prosperity and social well-being is to allow individuals to pursue their own interests freely within a framework of property rights and the rule of law.