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The Center for the Advancement of Capitalism (formerly the Center for the Moral Defense of Capitalism) is a public policy group organized in 1998 with the mission of presenting analyses to policymakers, the judiciary, and the public to assist in the identification and protection of the individual rights of the American people. CAC applies Ayn Rand's philosophy of Objectivism to contemporary public policy issues, and provides empirical studies and theoretical commentaries on the impact of legal and regulatory institutions upon the rights of American citizens.