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
News Release
Billions in Taxpayer Funded Subsidies for Broadband Unnecessary to Expand Internet Connectivity
A bipartisan group of United States Senators introduced the Broadband Reform and Investment to Drive Growth in the Economy Act (BRIDGE Act), which would…
Blog
Platform Competition and Opportunity Act Is An Innovation Killer That Won’t Serve Consumers
One of five antitrust bills introduced last week, “The Platform Competition and Opportunity Act” would prohibit leading tech platforms from acquiring companies that are…
Blog
Digital Yuan Threatens Global Freedom
“[Bitcoin] is an escape hatch from tyranny and nothing less than freedom money.” – Alex Gladstein, Human Rights Foundation The world is recognizing…
Studies
Frequently Asked Questions on ESG Theory
View Full Document as PDF Q: What does “ESG” stand for? A: ESG is short for “environmental, social, and governance.” It is a…
Environmental, Social, and Governance Theory
View Full Document as PDF EXECUTIVE SUMMARY The concept known as environmental, social, and governance (ESG) theory has a long history of similar,…
Free to Prosper
View Full Document as PDF Free to Prosper: A Pro-Growth Agenda for the 117th Congress highlights specific steps lawmakers can take to rein in…
Blog
Reviewing SEC Climate Disclosure Comments
Earlier this week, I wrote a short summary of the comments from myself and my colleague Marlo Lewis to the Securities and…
What Do We Want from Our Platforms?
Two recently introduced House bills seek to restructure antitrust law, supposedly to tackle purported abuses by “big tech” firms. They aim to change how the…
Boeing-Airbus Dispute Remains Unsolved: Tariffs Gone, Subsidies Stay
The European Union and the United States eagerly announced today that they had resolved their 17-year dispute over aerospace subsidies. They exaggerate their claims.
News
House Judiciary Committee Antitrust Bills Would Compromise U.S. as Global Leader on Tech and Harm Consumers
Several antitrust bills were introduced today by members of the House Judiciary Committee, including the “American Innovation and Choice Online Act,” the “Platform Competition and…
Facebook’s Content Moderation Decisions Preferable to One-Size-Fits-All Government Regulation
Facebook announced today it suspended former President Donald Trump from the platform for two years retroactive to January 7, 2021. Responding to a ruling against…
DC Antitrust Suit Against Amazon Could Actually Harm Consumers by Making Online Goods More Expensive
The District of Columbia’s Attorney General filed a lawsuit today against Amazon, alleging the tech company is engaged in anti-competitive behavior by controlling retail…
Op-Eds
Real Clear Policy
Government Regulation of App Stores Could Wind Up Costing Consumers
App stores are in the crosshairs of regulators around the world, threatening the privacy and security of consumers in jurisdictions throwing the red tape at…
The Foundation for Economic Education
What ‘The Enduring Tension’ Can Teach Us about the Core Institutions of Our Civilization
Don Devine’s ambitious new volume is that rare published work that delivers an even larger and broader message than its title promises. A focus on…
National Review
It’s Time to Exempt News Organizations from Antitrust Restrictions
Congress is currently considering a bill that would allow news organizations to collectively negotiate with online-content distributors, such as Google and Facebook. If passed,…
Staff & Scholars
Clyde Wayne Crews
Vice President for Policy and Senior Fellow
- Business and Government
- Consumer Freedom
- Deregulation
Sam Kazman
General Counsel
- Antitrust
- Automobiles and Roads
- Banking and Finance
Kent Lassman
President and CEO
- Capitalism
- Deregulation
- Innovation
Jessica Melugin
Director, Center for Technology and Innovation
- Antitrust
- Innovation
- Media, Speech and Internet Freedoms
Richard Morrison
Research 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