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
Hawley Antitrust Plan Would Limit Innovation and Harm Consumers
Senator Josh Hawley (R-MO) today touted a new proposal he calls a “trust busting plan” that calls for a new standard for antitrust intervention to…
Blog
The UK Should Beware of Future Restrictions against UK-EU Data Flows
The British government must beware of future challenges to the United Kingdom’s ability to transfer data to and from the European Economic Area (EEA) due…
Blog
Americans Ambivalent about Billionaire Influence, Reject Left-Wing Hostility
New polling, recently written up at Reason, shows that the American public isn’t nearly as hostile to capitalism, and the leaders of big…
Studies
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…
Labor of Love: A Fred Smith Story
View Full Book as PDF Edited by Kent Lassman, Amanda France, and Ivan Osorio INTRODUCTION View Introduction as PDF Everyone…
U.S. Antitrust’s Greatest Misses
Today’s advocates for expanding antitrust regulation often cite famous antitrust cases of the past to suggest that stricter antitrust enforcement can enhance consumer welfare,…
Blog
Putting a Price on Conspiracy Theories, Revisited
Conspiracy theories are back in the news, so it’s a good time to revisit my recent Fortune article about putting prices on conspiracy theories.
Book Review: Open: The Story of Human Progress by Johan Norberg
On March 25, 2021 at noon ET, CEI is hosting a double book forum featuring Johan Norberg, the 2019 winner of CEI’s Julian L. Simon…
Perspectives on “Woke Capital” and Politicized Investing
Recently, the Competitive Enterprise Institute hosted a virtual book event for Political Forum publisher Steve Soukup’s new book, The Dictatorship of Woke Capital:…
News
Supreme Court Decision Upholding Relaxed Media Ownership Rules a Win for Local News and Consumers
The United States Supreme Court today upheld a decision by the Federal Communications Commission (FCC) to relax media ownership rules, freeing up the industry…
CEI Experts Say Biden “Infrastructure” Plan Will Harm Economy, Raise Taxes and Costs for Consumers
President Joe Biden’s proposed legislative package to increase taxes and spend trillions was released today by the White House. The wide-ranging bill included provisions on…
CEI Commends Sen. Lankford for Introducing Pandemic Preparedness, Response, and Recovery Act
On Thursday, Senator James Lankford (R-OK) introduced the Pandemic Preparedness, Response, and Recovery Act. The bill would establish an independent commission to…
Op-Eds
National Review
Should Social-Media Companies Be Considered ‘Common Carriers’?
Supreme Court Justice Clarence Thomas’s concurrence in Joseph Biden v. Knight First Amendment at Columbia University recommends regulating social-media platforms as if they were…
National Review
Corporations Don’t Pay Corporate Taxes. People Do
A mammoth infrastructure bill is on the way from Congress, and policy-makers are touting a corporate-tax-rate hike to help pay for it. Treasury secretary…
The Wall Street Journal
It Takes Lots of Permits to Save the Planet
President Biden’s infrastructure plan proposes to spend trillions of dollars toward achieving zero greenhouse emissions by 2050. It won’t reach that goal, for two reasons.
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
- Business and Government
- Regulatory Reform