Capitalism is an inherently moral system of political economy, based on its voluntary nature and its reliance on virtuous human traits. The entity that embodies capitalism in the market – the firm or corporation – hones and enhances these virtues through a vast array of mutually beneficial exchanges, which
in turn enable further types of interactions beyond the realm of business. The genius of the market is that it enables a wide array of individuals, groupings, and associations to organize spontaneously to advance their various interests in a cooperative fashion that yields win-win arrangements.

Featured Posts

Search Posts

Star Press

Star Press

The Star Press cites Competitive Enterprise Institute on Julian L. Simon Memorial Award. Each year since 2001, CEI pays tribute to free-market economist, professor and consummate…

Capitalism

Richard Morrison

Research Fellow

  • Antitrust
  • Business and Government
  • Capitalism and Free Enterprise