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RECENT EPISODE
Sep 11, 2026
Capitalism vs. Socialism: Hong Kong Was a Rock With 750,000 People on It | Lawrence Reed
Capitalism vs. socialism is not a slogan fight in this episode. It is a record, and Lawrence W. Reed reads it out loud. This is the second of four conversations building economics from the ground up with Jenny Beth Martin, and it is the one about systems: what it actually means for an economy to be organized from the top down or left alone, and what happened every time a country tried each one. Reed starts with a definition he says people miss. Capitalism is what happens when you leave peaceful people alone. It is not a design, it is the absence of one. Then he goes to the evidence. West Germany in 1945, flattened and occupied, and the night Ludwig Erhard went on the radio and ended price controls and rationing before breakfast. Hong Kong, which he calls a rock with 750,000 people on it, and John James Cowperthwaite's decision to give it the freest economy in the world instead of a plan. Against those, the Pilgrims at Plymouth Colony, about 150 utopian communes in nineteenth century America that all collapsed, the Soviet Union, Cuba, and Venezuela. Then the argument being made from pulpits and campaign stages right now: that Jesus taught something close to socialism. Reed wrote the book on it, and he answers parable by parable. Lawrence W. Reed is president emeritus of the Foundation for Economic Education, author of Was Jesus a Socialist?, and has traveled to ninety six countries. More at jennybethshow.com and teapartypatriots.org.
Stay informed on the most important developments coming out of Congress. Each Monday afternoon—when Congress is in session—Bill Pascoe, our Man in Washington, breaks down what’s happening in Washington, why it matters, and what comes next. Watch, listen, or read the report today!
PRESS RELEASES
Supreme Court Ruling Significantly Limiting Racial Discrimination in Redistricting
Atlanta, GA – Today, the U.S. Supreme Court significantly limited the use of racial discrimination in the drawing of congressional district maps, updating the 1986 Supreme Court ruling in Thornburg v. Gingles that enabled racial gerrymandering to flourish. In response, Tea Party Patriots Action Chairman Jenny Beth Martin issued the following statement: “‘The way to…
Tea Party Patriots Action Reacts to Supreme Court Oral Arguments in Birthright Citizenship Case
Atlanta, GA – On Wednesday, the U.S. Supreme Court heard oral arguments in the case challenging President Trump’s executive order eliminating “birthright citizenship.” In response, Tea Party Patriots Action (TPPA) Chairman Jenny Beth Martin issued the following statement: “For the first time in the history of our republic, a sitting president attended oral arguments before…
Tea Party Patriots Action Poll: Strong Majority Support U.S. Military Action Against Iran
57% of Americans Say Military Action Was Necessary to Protect American Lives87% of Republicans Agree Atlanta, GA – Today, Tea Party Patriots Action released new data from a poll conducted by McLaughlin & Associates showing strong majority support among American voters for U.S. military action against Iran and continued action to protect the United States…
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