This is an excerpt from the August 6, 2026, edition of “The Tea, Spilled by Morning Joe” newsletter. Subscribe here to get it delivered straight to your inbox Monday through Friday.

Gallup’s latest update on how Americans view economic systems found an overwhelming majority favoring free enterprise and a sizeable minority favoring socialist systems.

The report found 81% of Americans viewed free enterprise favorably, compared with 54% for capitalism and 39% for socialism. Those polled distinguished free enterprise and capitalism thus: free enterprise was associated with greater economic freedom and competition, while capitalism was associated with personal upward mobility.

Partisan views of each system differ sharply:

This is an excerpt from today’s edition of The Tea, Spilled by Morning Joe.

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