Making the Case for Free Enterprise

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Jun 7, 2012

While the U.S. Chamber doesn't get involved in presidential politics, occasionally a candidate says something so fundamentally important about the American experience that we can’t help but applaud. Governor Romney did that today by making the case for the free enterprise system, which has helped America create the greatest economy on earth – producing more jobs, opportunities, and prosperity than any other system ever devised. Here's an excerpt:

Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.

That same system has helped lift more people out of poverty across the globe than any government program or competing economic system. The success of America’s free enterprise system has been a bright beacon of freedom for the world. It has signaled to oppressed people to rise up against their oppressors, and given hope to the once hopeless.

It is called the Free Enterprise System because we are both free to engage in enterprises and through those enterprises we ensure our freedom.

Leaving politics aside – and recognizing that the Chamber will find favor and fault with both candidate’s policies – the preservation of the free enterprise system should be a rallying cry for Americans of all stripes and political persuasions. It’s what the Chamber fights for every day, and it holds the key to our continuing economic greatness as a land of opportunity and plenty.