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
America Needs an Abundance Agenda
An abundance agenda—public policies that lead to diversity in consumer goods and financial security for families—should be an economic and moral imperative. That’s what Richard…
Blog
Free the Economy Episode 6: The Cultural Impact of YouTube with Javier Hernandez
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the myth of overpopulation, the problem with…
Blog
Avoiding Passive Income Scams
Recently, on episode three of the Free the Economy podcast (about 5:30 in), we discussed the promise and perils of “passive income” investments. On…
Studies
Free to Prosper
Free to Prosper: A Pro-Growth Agenda for the 118th Congress highlights specific steps lawmakers can take to prevent overreach by executive branch agencies, reduce the costs…
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…
Blog
Free the Economy Episode 5: Corporate Purpose and ESG with Russ Greene
Welcome back to the Free the Economy podcast. In this week’s episode we talk about the economic and cultural impact of YouTube,…
Adam Smith, Greek Tragedy, and Public Policy
In high school civics classes, Adam Smith is a cartoon character. Like Mr. Burns from The Simpsons, he is portrayed as selfish, cold, and calculating.
Free the Economy Episode 4: Entrepreneurship and Equality with Alfredo Ortiz
Thanks to everyone for listening to and sharing the Competitive Enterprise Institute’s new podcast, Free the Economy. If you like the show, please leave…
News
CEI TV Ad “Versus” to Run Sunday During NBC’s Meet the Press as Part of Eye on FTC Campaign
The Competitive Enterprise Institute (CEI) will run a 30 second television ad as part of its Eye on FTC campaign on Sunday,…
Why DOJ’s Antitrust Suit Against Google’s Digital Ad Business Misses the Mark
The Department of Justice (DOJ) filed a lawsuit against Google today, a division of parent company Alphabet, alleging the company has a monopoly over digital…
House GOP Oversight of Alleged Collusion Between Government and Technology Companies More Productive than Anti-Tech Legislation
The new Republican House Majority will reportedly charge a new select committee with providing oversight of communications about content moderation decisions between technology companies…
Op-Eds
National Review
Can a Trillion-Dollar Coin Repay Our Debt?
The red wave that wasn’t has consequences for policy-making in Washington. One result of the GOP’s new, narrow House majority is that outlandish and marginal policy…
Discourse
A Successful Abundance Agenda Must Address Americans’ Anxieties
f you flip through the pages or click on the website of any policy-minded publication these days, chances are you’ll come upon a discussion of…
POLITICO
Lobbyists not sweating McCarthy’s drawn-out battle for the gavel
LOBBYISTS NOT SWEATING DRAWN-OUT SPEAKERSHIP RACE: Kevin McCarthy’s push to become House Speaker dragged on for the fourth day this afternoon, though the…
Staff & Scholars
Joshua Bandoch
Research Fellow
- Capitalism
- Capitalism and Free Enterprise
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- 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
Stone Washington
Research Fellow
- Capitalism
- Capitalism and Free Enterprise
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform