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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 ...
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 ...
The economic grievance thesis argues that economic factors, such as deindustrialisation, economic liberalisation, and deregulation, are causing the formation of a 'left-behind' precariat with low job security, high inequality, and wage stagnation, who then support populism.
Although the Russian movement was primarily a movement of the middle class and intellectuals "going to the people", in some respects their agrarian populism was similar to that of the U.S. People's Party, with both presenting small farmers (the peasantry in Europe) as the foundation of society and main source of societal morality. [2]
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.
Populism in Latin American countries has both an economic and an ideological edge. Populism in Latin America has mostly addressed the problem, not of capitalist economic development as such but rather the problems caused by its lack of inclusiveness, [38] in the backdrop of highly unequal societies in which people are divided between very small ...
The structuralist approach to techno-populism emphasizes its social origins and associates it with certain stages of development, especially the attempt at industrialization in countries located at the periphery of the world economy. According to this view, populist regimes are those using cross-class coalitions and popular mobilization to ...
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 .