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
Trump’s economy off to a slow start
Last week, the Bureau of Economic Analysis released its estimates of the performance of the US economy in the second quarter. The headline result…
Forbes
Rise Of The Unrule: Fewer Rules, Fewer Agencies, And No Apocalypse
There was Hollywood’s The Day the Earth Stood Still. Now meet Washington’s Year the Regulation Stopped. The end of July 2025 finds just 1,490 finalized regulations published…
DC Journal
Point: Medicaid Work Requirements Are a Common-Sense Reform
Medicaid is the government program that is supposed to help the poor afford health care. Its cost to taxpayers has skyrocketed in the last few…
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
Rail merger does not create monopoly
Union Pacific has proposed buying Norfolk Southern in what would be the largest railroad merger in history. Regulators have not yet approved the merger. The…
Predicting a brighter regulatory future for prediction markets
CEI scholars have many skills, but predicting the future is not one of them. However, when it comes to prediction markets, based on recent events,…
ESG refugees: Ally with taxpayers
Yesterday the Competitive Enterprise Institute published my new study with John Mozena, “Corporate Social Irresponsibility: After ESG, activist investors should side with…
News
GDP grew by three percent in the second quarter of 2025: CEI analysis
The GDP grew by three percent in the second quarter of 2025, marking a return to growth after first quarter shrinkage. CEI senior economist…
CEI experts react to White House AI Action Plan
Today, the White House released “Winning the Race: America’s AI Action Plan”, a multi-faceted policy document intended to help the United States keep its…
President Trump announces 15 percent tariff on Japanese goods: CEI analysis
Last night, President Trump announced a trade deal with Japan that included a 15 percent tariff on Japanese goods, including cars, entering the US. CEI…
Op-Eds
National Review
Sesame Street Will Still Be Open
The beloved children’s show Sesame Street has for decades been portrayed by fans of the Public Broadcasting Service (PBS) as the first thing that will be gutted if the…
Forbes
The Dreck Equation: A Drake Equation For Mapping The Hidden Universe Of Federal Regulation
Joe Biden’s 2024 regulatory big bang—106,109 Federal Register pages—shattered cosmic records. But the 3,000 notice-and-comment rules chronicled there every year and archived in…
Forbes
Trump’s Deregulation Score: Mid-Year Federal Rules Tally Is The Lowest Ever Recorded
After years of relentless compounding of federal rules and regulations and Federal Register pages–capped by Joe Biden’s self-proclaimed “whole-of-government” executive actions on the likes of DEI, ESG,…
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