"The pleasure is all mine, Your Highness...
The expression "laissez faire state" was invented during the rule of Louis-Philippe in France. The king of the bourgeois did not interfere in economy. He allowed the railroad magnates, the bankers and the industrialists to do their bussinesses without any restraints. The rich grew richer, the poor went into even worse poverty. The poor? Who cares about the poor? - that was the motto of that days government.
Louis-Philippe probably really believed in liberal theory. He thought, that the sole free market is able to solve all social questions. He was wrong. He ignored all the warning signs, such as growing unrest of industrial workers on the south.
The revolution was ignited by a government ban of a public banquet, intended to promote universal suffrage (a banned banquet as a reason to revolt - I love Paris!). If the people cannot vote with ballots, their cast their votes using street baricades. And they did.
Louis-Philippe was stupid enough to send his army against the demonstration. But his soldiers joined the rebels, and that finished the deal. The king had to escape from his palace in panic, wearing feminine clothes for camouflage. An accidentally met cabman helped him to leave the city. When the king thanked him for saving his live, he heard an ambigous answer: "The pleasure is all mine, Your Highness. I've been waiting for this moment for 18 years".
It was the people of Paris, who gave him his throne. It was the people of Paris, who took it back, when he failed to fulfil their demands. Wouldn't it be great, if every ruler of every country remember this story?