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
Bloomberg Law
California Follows Europe’s Lead on USB-C Mandate for Devices
Bloomberg Law cites Research Fellow Alex Reinauer on the USB-C mandate. The environmental arguments for the bill are mostly symbolic because chargers constitute…
Blog
Free the Economy Episode 16: Tar Heel Activism with Brooke Medina
This week we talk about political pessimism in popular polling, the return of the Malthusian environmentalists, the problem with Buy American…
Blog
Free Enterprise Scholarship in Alabama
Some fans of economic freedom have been worried in recent years that anti-capitalism is rife on U.S. college and university campuses, from Competitive Enterprise Institute…
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
Making the Perfect the Enemy of the Good: Everything-Bagel Public Policy
Thanks to Caleb Watney of the Institute for Progress for recommending the great New York Times column by Ezra Klein about the red…
Blue State Bailouts on the Horizon?
Whenever we see risky and poorly thought-out ventures in the business world, the negative consequences of those ideas will usually be limited to the shareholders…
Free the Economy Episode 15: Eco-Modernism and Abundance with Alex Trembath
In this week’s episode of the Free the Economy podcast, we talk about the likelihood of blue state bailouts, issues with “…
News
Ideologically Driven Attack on Tech Mergers and Acquisitions Threatens Innovations for Consumers and U.S. Position as Global Tech Leader
In a new Competitive Enterprise Institute (CEI) study, technology policy expert Jessica Melugin writes that concern about “killer acquisitions” – a market leader purchasing…
FTC Antitrust Overreach Threatens Health of Americans at Risk of Cancer Diagnosis
The Federal Trade Commission (FTC) today ordered Illumina to unwind its acquisition of Grail, a $7 billion deal that would add an early cancer…
RESTRICT Act Threatens Americans’ First Amendment Rights
Debate in Congress over calls to ban Chinese social media platform TikTok has led to the introduction of the RESTRICT Act by Senator Mark Warner…
Op-Eds
City Journal
“E” Doesn’t Stand for Environment
The Securities and Exchange Commission is nearing a decision on a proposed rule that would require publicly traded companies to indicate how their investments affect…
National Review
FTC Runs into the Judicial Wall
The Federal Trade Commission’s (FTC) antitrust crusade has run into an obstacle: the judiciary. Indeed, the agency wants to expand its authority and broaden enforcement standards so…
Fee.org
The Real Race Revolutionaries: How Minority Entrepreneurship Can Overcome America’s Racial and Economic Divides
Alfredo Ortiz has a message for all of the progressive politicians and activists working to close the economic gap between white and non-white Americans: Please…
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
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