Capitalism is the economic system in which a market economy is combined with legal protections for each individual’s rights, including the right to own and dispose of one’s own property as one sees fit. Leaving people free to work, save, and invest, with as little government interference as possible, creates an environment in which wealth grows and society advances.
Defending that system is one of the Competitive Enterprise Institute’s primary goals. Regardless of which industry, product, or business model we consider, the same expectations and legal guarantees apply. The role of government officials—whether at the local, state, or federal level—is to create a system of law and policy that allows voluntary contracts to proceed and the gains from them to be enjoyed by their participants.
To the extent that current government policy violates those expectations, it should be reformed or abolished. CEI’s defense of capitalism as an economic and legal system applies to sector-specific law and regulation as well as to economy-wide rules. Our advocacy for regulatory reform of telecommunications, energy, finance, or any other part of the economy rests on the fundamental right of individuals to create, innovate, and build whatever voluntary arrangements they can imagine.
Capitalism Issue Areas
Featured Posts
Blog
SEC Attempts to Regulate Indefinable “ESG” Topics
Today is the filing deadline for public comments on a new Securities and Exchange Commission (SEC) proposed rule titled “Investment Company Names.” This proposal…
Blog
Progressives Need Democracy, Not Technocracy
As Democrats debate the merits over legislative versus administrative action on topics ranging from climate change to gun control, they face a fundamental decision: technocracy…
Inside Sources
Counterpoint: Manchin Disappoints With Inflation Reduction Act
Throughout Joe Biden’s presidency, Sen. Joe Manchin, D-W.Va., has acted as a check on his party’s worst excesses. Manchin has stopped billions, possibly trillions, of…
Studies
The SEC’s Costly Power Grab
The concept known as environmental, social, and governance (ESG) investing has gained an increasingly high profile in recent years, with advocates producing a large volume…
Don’t Confuse the Platform with the Train
Executive Summary Should social media companies be regulated like common carriers? To answer that question, this paper describes the functions and origins of social media…
The State Antitrust Paradox
EXECUTIVE SUMMARY American antitrust law is the bedrock of competition policy in the United States. It has also proven among the most intellectually challenging areas…
Blog
Net Zero, Joe Manchin, and High Energy Prices
This morning National Review published my article expressing skepticism that the advance of “net-zero” climate policy is inevitable (or even likely). It was written…
The Facebook Antitrust Case Is Aging Poorly
Antitrust cases often take years to litigate. While wasteful, this isn’t always a bad thing. The politics surrounding a case might stay the same, but…
Green Politics Leads to Higher Gas Prices
Americans have been plagued by high gas prices in recent months, with recent polls showing fuel costs at the top of the list of…
News
U.S. Economy Adds 372,000 Jobs in June – Good News for Recession Worries
The U.S. economy added 372,000 jobs in June 2022, according to a new tally released today by the government. Meanwhile, the unemployment rate held steady…
SEC Climate Disclosure Mandate Exceeds Agency’s Statutory Authority, Raises Constitutional Concerns
WASHINGTON—The Securities and Exchange Commission’s (SEC) plan to mandate companies disclose energy use and planning for climate change-related financial risks lacks authorization from Congress, infringes…
Regulating Social Media Companies as Common Carriers Would Undermine User Experience Online
The Competitive Enterprise Institute (CEI) published a new paper today making the case against regulating social media platforms as common carriers. In…
Op-Eds
National Interest
Anti-Trust Bills Will Harm U.S. Consumers and National Security
Proposed antitrust bills aimed at Big Tech will inadvertently put individual users and national security at risk. Three policies within the proposed legislation are especially problematic:…
National Review
U.K. Regulator Deservedly Loses Case against Meta
The recent announcement of the final verdict in the U.K.’s case to block Meta’s acquisition of GIF library Giphy is a partial victory for…
Law & Liberty
A Declaration of Independence from the Administrative State?
At gatherings this July 4, there will likely be impassioned conversations about recent Supreme Court decisions. But it’s a ruling a few weeks ago from…
Staff & Scholars
Joshua Bandoch
Research Fellow
- Capitalism
- Capitalism and Free Enterprise
Clyde Wayne Crews
Vice President for Policy and Senior Fellow
- Business and Government
- Consumer Freedom
- Deregulation
Sam Kazman
Counsel Emeritus
- Antitrust
- Automobiles and Roads
- Banking and Finance
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Jessica Melugin
Director of the Center for Technology & Innovation
- Antitrust
- Innovation
- Media, Speech and Internet Freedoms
Richard Morrison
Senior Fellow
- Antitrust
- Business and Government
- Capitalism and Free Enterprise
Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
- Business and Government
Ryan Young
Senior Fellow
- Antitrust
- Business and Government
- Regulatory Reform