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De Omnibus Dubitandum - Lux Veritas

Friday, October 28, 2016

Populism Is Not an Ideology

Populism is a strategy that may be used by any ideological group whose political agenda differs radically from that of the ruling class.........A recent op-ed piece in The New York Times urged the Republican Party not to “throw away free enterprise” and embrace populism. Arthur C. Brooks, the author of the article, makes two bold but erroneous claims. First, he asserts that populist moments throughout history — including the Trumpian moment in the US — are triggered by severe financial crises that result in protracted and uneven recoveries that exacerbate existing income and wealth disparities..........Read more

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