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.

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Op-Eds

Speaking in Tongues

In Monty Python’s classic "Hungarian Phrasebook" sketch, a Hungarian tourist walks into a British tobacconist’s shop, and, consulting a faulty phrasebook, tells…

Antitrust

Op-Eds

Is CSR A-OK?

A Friday conference at the American Enterprise Institute will try to answer the question: "Is Corporate Social Responsibility (CSR) Serious Business?" And not…

Business and Government

Joshua Bandoch

Research Fellow

  • Capitalism
  • Capitalism and Free Enterprise

Richard Morrison

Senior Fellow

  • Antitrust
  • Business and Government
  • Capitalism and Free Enterprise