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The socioeconomic definition of populism applies the term to what it regards as an irresponsible form of economic policy by which a government engages in a period of massive public spending financed by foreign loans, after which the country falls into hyperinflation and harsh economic adjustments are then imposed. [141]
The definition of macroeconomic populism in the original paper states as follows: "Macroeconomic populism is an approach to economics that emphasizes growth and income distribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive non-market policies."
The definition of populism is a complex one as due to its mercurial nature; it has been defined by many different scholars with different focuses, including political, economic, social, and discursive features. [4] Populism is often split into two variants in the United States, one with a focus on culture and the other that focuses on economics ...
His cultural populism is counterrevolutionary in spirit, after all; he’s the Democrat you turn to when the left’s impulse toward disorder, economic or otherwise, has you spooked.
What Is an Economic Populist? Modern economic populism started in 2008 and gained traction over the years as more people felt left behind by globalization, economic inequality, and the unrealized ...
Right-wing populism, also called national populism and right populism, [1] [2] [3] is a political ideology that combines right-wing politics with populist rhetoric and themes. Its rhetoric employs anti- elitist sentiments, opposition to the Establishment , and speaking to or for the common people .
A Dispatch symposium.
Left-wing populism, also called social populism, is a political ideology that combines left-wing politics with populist rhetoric and themes. Its rhetoric often includes elements of anti- elitism , opposition to the Establishment , and speaking for the " common people ". [ 1 ]