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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 ...
These populist social movements can exert a broader societal impact which results in populist politicians emerging to prominence; the Tea Party and Occupy movements that appeared in the US during the late 2000s and early 2010s have been seen as an influence on the rise of Donald Trump and Bernie Sanders as prominent figures in the mid-2010s. [243]
Macroeconomic populism is a term coined by Rudi Dornbusch and Sebastian Edwards in a 1990 paper. [1] The term refers to the policies by many Latin American administrations by which government spending and real wages increase in a non-sustainable way leading to inflation, then stagflation and ultimately an economic collapse that drops real wages to lower than they were before the populist ...
A Dispatch symposium.
Populism is often defined as an idea within the framework of a liberal democracy that defines two core groups—"the people" and "the elite". [1] Political scientist Cas Mudde defined the core populist concepts with "the people" being presented as a morally good force, while "the elite" are often portrayed as corrupt and self-serving.
Economic nationalism tends to emphasize industrialization (and often aids industries with state support), due to beliefs that industry has positive spillover effects on the rest of the economy, enhances the self-sufficiency and political autonomy of the country, and is a crucial aspect in building military power.
He’s keeping a close eye on how a second Trump term might impact the middle class’ ability to afford health insurance, which, thanks to federal credits and subsidies, ties into tax policy.
The authors examine the effect of populism on three major aspects of democracy: the quality of democracy in general, Checks and Balances on executive power and citizens' right to politically participate in a meaningful way. They conclude that populist governments are four times more likely to cause harm to democratic institutions than non ...