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
Consumer sentiment rebounds in first reading for June: CEI analysis
University of Michigan’s consumer sentiment report showed a rebound in its first reading for June, likely due to slower-growing inflation and a calmer-than-expected month…
The Daily Economy
The Resurgence of Do It Yourself Economics
To listen to some people, you’d think that America had been run by economists — and specifically free-market economists — for the last fifty years…
News Release
Inflation increased 0.1 percent in May, less severe than previous months: CEI analysis
Today, the Consumer Price Index report for May showed inflation increased across all sectors by 0.1 percent, compared to 0.2 percent in April. CEI…
Studies
Trade Under Blockade
Introduction President Donald Trump threw the world trading system into disarray with his “Liberation Day” announcement on April 2, 2025. The principles behind the General…
Feeling Minnesota
Minnesota’s efforts to streamline environmental permitting under former Gov. Mark Dayton (D) initially saw some success, with reforms aimed at reducing approval times for priority…
Mardi Gras for Permits
The Louisiana Department of Environmental Quality’s (LDEQ) Expedited Permit Program, established in 2006, represents an innovative approach to speeding up environmental permit approvals. This report…
Blog
Trump’s newborn nest egg accounts
In the face of recurring economic shocks—we’ve suffered 9/11, the 2008 financial crisis, and COVID-19 in the 21st century alone—the reflex to throw hundreds of…
The broken window fallacy: America doesn’t know what it pays for
If a kid breaks a shopkeeper’s window and a glazier fixes it, is the economy better off? It has created work for the glazier, so…
Chapter and verse: The case against mandatory ESG standards
This week De Gruyter Brill published the book ESG Investing: Current Theory and Practice, edited by John Hill of Fairfield University’s Dolan School…
News
Economy adds 139,000 jobs in May, labor market growth slows: CEI analysis
May added 139,000 jobs to the economy, with the unemployment rate staying unchanged at 4.2 percent. Trump’s policies, namely his mission to shrink the…
Coalition urges Commodity Futures Trading Commission cut red tape on prediction markets
The Competitive Enterprise Institute today sent a coalition letter to the Commodity Futures Trading Commission (CFTC) urging it to adopt a policy of permissionless innovation…
Trump’s IEEPA tariffs overturned by international court, setting up Congress to reclaim taxing powers: CEI analysis
Last night, the Court of International Trade overturned the tariffs that President Trump implemented under the International Emergency Economic Powers Act (IEEPA). CEI senior economist…
Op-Eds
WSJ Opinion
A Day of Defiance—and Donuts
It’s time to double down on National Donut Day. As Secretary of Health and Human Services Robert F. Kennedy Jr. begins pushing his Make America Healthy Again…
Forbes
How The Big Beautiful Budget Bill Can Deliver Decisive Deregulation
Media coverage of the House-passed One Big Beautiful Bill (BBB; see committee report) naturally focuses on the spending. And that…
DC Journal
EPA Should Consider the Harm of Regulating Greenhouse Gases
Even for the least essential choices we make in our daily lives, such as what we should have for dinner, we consider the pros and…
Staff & Scholars
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
Paige Lambermont
Research Fellow
- Capitalism and Free Enterprise
- Energy
- Energy and Environment
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
Alex Reinauer
Research Fellow
- Antitrust
- Innovation
- Tech and Telecom
Stone Washington
Research Fellow
- Capitalism
- Capitalism and Free Enterprise
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform