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
‘Passive-aggressive’ regulators are a growing headache for American business
“The Future of Independent Agencies: Fallout from Problems at the Federal Trade Commission,” was an event hosted by the American Enterprise Institute (AEI) to alert…
Blog
Congress should stop the White House from rewriting ‘Circular A-4’
Barring an extension, next week (June 6) is the deadline for comments on the White House Office of Management and Budget’s …
Blog
Free the Economy podcast: Capitalists of the world unite! with Richard Salsman
In this week’s episode, we talk about we talk about conservatives defending the D.C. swamp, Andrew Stuttaford’s warning about green land grabs, a new…
Studies
M&As Are A-Okay
Fretting about “killer acquisitions” and “kill zones” is common among regulators in Washington these days, but entrepreneurs and investors at work in the tech industry…
Two Wrongs Don’t Make a Right to Repair
Should you have the legal right to fix your own stuff? At first glance, the answer would seem like a simple “yes.” That simple answer…
Turning Back the Clock: Structural Presumptions in Merger Analyses and Revised Merger Guidelines
Introduction Since 1950, when Congress closed a loophole in Section 7 of the Clayton Act,[1] the federal antitrust agencies have investigated actively, and prosecuted diligently, mergers the government…
Blog
Debt deal’s PAYGO law won’t pay out. Here’s how to fix it.
In an effort to curb excessive government spending, a provision known as statutory administrative PAYGO (Pay-As-You-Go) has been introduced in the debt ceiling deal struck…
Let’s get this huge ‘hidden tax’ of regulation out into the open
Smack dab in the middle of contentious debt limit negotiations, the House Budget Committee held another in its series of hearings on American economic growth,…
A remembrance: C. Boyden Gray, 1943-2023
We mourn the passing of C. Boyden Gray. He was a man of his family, the law, and his country. Boyden served in the highest…
News
Surgeon General lacks evidence for warning against social media for young people
U.S. Surgeon General Dr. Vivek H. Murthy today issued a public advisory against alleged risks of social media use to the mental health of…
EU’s Massive Fine Against Meta Could End Up Harming European Consumers
The European Union announced a new enforcement actions today against Meta, the parent company of Facebook. The action penalizes Meta for data transfers that…
Supreme Court Declines to Rule on Section 230, Leaving Protections for Third Party Content in Place
The Supreme Court today in Google v. Gonzales and Twitter v. Taamneh declined to rule on the meaning of Section 230 of the…
Op-Eds
Discourse
How Can You Advocate for Abundance with Skeptics?
Advocating for abundance will succeed or fail based on how well we address skeptics’ real emotions, legitimate concerns and understandable fears. Far too often, supporters…
Wall Street Journal
Don’t Let Unspent Covid Funds Become Slush Funds
The House has passed the Limit, Save, Grow Act, which would raise the debt limit for a year in exchange for deficit-relief measures. One of…
National Review
Politicians Are Squandering America’s Chance to Get It Right on TikTok
National-security concerns about the world’s most popular app, TikTok, might be legitimate, but addressing them is proving a master course in Washington dysfunction. Significant questions remain…
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
Jeremy Lott
Managing Editor
- Capitalism
- Deregulation
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