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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.

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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

Tea Party Patriots Action Applauds House Republicans for Defunding 87,000 IRS Employees

Atlanta, GA – Today, the U.S. House passed legislation that would defund the 87,000 IRS employees who were included in the Democrats’ Inflation Reduction Act. In response, Tea Party Patriots Action Honorary Chairman Jenny Beth Martin released the following statement: “We applaud the House Republicans who voted to repeal funding for the 87,000 new IRS…

Read More about Tea Party Patriots Action Applauds House Republicans for Defunding 87,000 IRS Employees

Tea Party Patriots Action Applauds House Passage of Rules Package

Atlanta, GA – Today, the U.S. House adopted the rules package that conservatives negotiated with Speaker McCarthy ahead of his election as Speaker. In response, Tea Party Patriots Action Honorary Chairman Jenny Beth Martin released the following statement:  “We applaud the House Republicans who voted for today’s rules package. This package would not have been possible without the 21 courageous Members of…

Read More about Tea Party Patriots Action Applauds House Passage of Rules Package

Tea Party Patriots Action to Biden: When It Comes to the Border, Why Don’t You Just Enforce the Law?

Atlanta, GA – Today, President Joe Biden is visiting the U.S.-Mexico border for the first time since becoming president. Biden’s visit to the southern border city of El Paso, Texas today comes after an announcement that the administration is looking at new immigration rules and punishments for illegal entry. In response, Tea Party Patriots Action Honorary Chairman Jenny…

Read More about Tea Party Patriots Action to Biden: When It Comes to the Border, Why Don’t You Just Enforce the Law?

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Our Mission

Tea Party Patriots Action’s mission is to equip Americans with the resources and training they need to be engaged citizens and effective activists. Our vision is for a nation where individual liberty is cherished and maximized, where the Constitution is revered and upheld, and where Americans are free to pursue their American Dream.

PERSONAL FREEDOM

We are most free when the Constitution is followed, and all Americans can live life the way they want, as long as it does not harm others or infringe on their rights.

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ECONOMIC FREEDOM

A growing economy, with reduced tax rates and government spending, gives businesses the ability to hire more people and us all a chance to earn more.

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DEBT FREE FUTURE

Increasing the US debt puts an undue burden on future generations. It is only fair and right to pay the debt we have incurred so our children are not stuck with our bills.

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