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
Free the Economy podcast: Liberty movement jobs with Claire Kittle Dixon
In this week’s episode we cover the war on prices, the great un-wokening of corporate America, the attack on credit card…
Blog
R.I.P. Roger Corman, Filmmaker and Free Marketer
American cinema lost one of its great entrepreneurs last week when producer and director Roger Corman died at age 98. In a career that…
Blog
Want higher air fares? Overregulate credit cards
This morning, the Consumer Financial Protection Bureau and the Department of Transportation are holding a joint hearing “investigating” airline and credit card reward programs.
Studies
Achieving Change at the Federal Trade Commission
Introduction “Never mistake activity for achievement.” – John Wooden Although small in budget, the Federal Trade Commission (FTC) has sometimes had an outsized impact. Created to fulfill one of…
Big Problems with SEC Climate Disclosure Mandate
The US Securities and Exchange Commission (SEC) is finalizing its mandatory climate disclosure rule[1] that will require publicly traded companies to provide the…
A Global Antitrust Paradox?
Executive summary In today’s Washington, bipartisan consensus is rare. But at least two points of consensus remain. The first is that America’s defining geopolitical challenge…
Blog
Biden’s veto of joint employer rule CRA a blow to small businesses
President Biden’s veto Friday of a Congressional Review Act (CRA) bill rolling back the National Labor Relations Board’s (NLRB) “joint employer”…
Distinguished guests celebrate liberty movement jubilee
I recently returned to D.C. from Tampa, Florida, where I attended the 60th anniversary meeting (“Diamond Jubilee”) of the Philadelphia Society. For those who…
Subsidy-free capitalism may require a constitutional amendment
Automobiles, electrification, ample consumer goods and mass marketing, a construction boom, and access to credit helped fuel the Roaring Twenties of a century ago.
News
Radical change at Biden FTC leads to busted norms, new agenda facing skeptical judiciary: CEI paper
In July 2021, President Biden signed an executive order on competition policy, calling the previous 40 years of bipartisan agreement on the issue “an experiment…
Spirit Announces Furloughs after Biden, Court Scuttle Merger with JetBlue
In the wake of an adverse court ruling and a Biden administration threat to stop a merger between budget airlines Spirit Airlines and JetBlue, the…
Florida social media law puts all users’ privacy at risk: CEI analysis
A new social media bill signed into law by Florida Gov. Ron DeSantis will ban people younger than 14 years old from using social…
Op-Eds
The Wall Street Journal
‘Net Neutrality’ Faces a Stiff Judicial Test
The Federal Communications Commission voted Thursday along partisan lines to reclassify broadband internet access service as a common carrier telecommunications service under Title II of…
Forbes
Libertarian Victory: You Mean We Can Shut Down Government Without Even Passing A Law?
It is happening again. Congress will enact another bloated, pork-laden and largely unread omnibus spending bill to complete formal appropriations for the 2024 fiscal year…
Forbes
How The Biden Administration’s ‘Junk Fee’ Policies Will Hurt Consumers
In his State of the Union address last week, President Joe Biden touted his policies against “junk fees,” vowing to save Americans billions…
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
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