Populism’s origins date back to one of America’s most influential progressive movements, 130 years ago. Far from the divisive, right-wing association it has in contemporary media, the term “populism” was first used to describe a grass-roots movement that resisted corporate power to preserve democracy.
Born out of the People’s Party in 1892, this movement emerged as a response to the growing influence of the “Robber Barons” of that era. These individuals, who controlled new technologies like railroads, electricity, and mechanized crop harvesting, amassed colossal fortunes while many workers earned less than $10 a week.
Farmers and farm laborers, who constituted more than 40 percent of the labor force at the time, were being oppressed by railroad monopolies and money lenders, resulting in a collective anger that threatened unfettered capitalism. Recognizing the Democratic and Republican parties’ alignment with the monopoly capitalists, the Populists created a new political movement.
This new movement drew support from a broad base, including the Farmers Alliance, the American Railway Union, the women’s suffrage movement, Christian Socialists, the United Mine Workers, and utopian reformers. It was a multiracial movement, especially in the South, where African Americans served on the party’s state executive committees in Texas, Louisiana, and Georgia.
The Populists had clear economic and political goals. They advocated for farmer-owned cooperatives and public ownership of railroads, utilities, and other natural monopolies. They called for postal savings banks and low-cost federal loans for farmers and workers. They wanted recognition of farm organizations and labor unions. Importantly, they sought to abolish the Gold Standard and expand the money supply with government-issued bills and silver coinage.
While the Populists did not achieve their goals nationally, they made a significant impact, transforming the political landscape in America. This was evidenced by the subsequent emergence of progressive movements in both national parties. The watershed moment came in 1896 when William Jennings Bryan won the Democratic Party nomination for president on a pledge to regulate the railroads and expand the money supply with silver.
Born out of the People’s Party in 1892, this movement emerged as a response to the growing influence of the “Robber Barons” of that era. These individuals, who controlled new technologies like railroads, electricity, and mechanized crop harvesting, amassed colossal fortunes while many workers earned less than $10 a week.
The original Populist movement was a progressive, broad-based movement with clear policy plans and distinct policy legacies. However, today’s understanding of populism has shifted significantly. Mainstream media often confuses populist sentiment with the far-right, overlooking its origins in progressive, democratic movements.
Historian Anton Jäger notes this shift in perception, pointing out how public understanding of populism has evolved from being mildly descriptive to deeply condemnatory over the years. He emphasizes that the original Populists were hardly ‘backward’, with a clear focus on the economic and political realities of the time.
Today’s populism differs significantly from the historical Populist movement. It is often leader-centric, top-down, and averse to organization. It has a vague stance on policy and programme and is more focused on the people as the ‘experts’.
Jäger suggests that the structural factors that ignited the “populist explosion” in the 2010s, such as rising inequality, a growing void in civil society, and parties’ sheltering in the state, are likely to be exacerbated by the COVID-19 pandemic.
Populism, as originally conceived, was a progressive movement rooted in the economic and political realities of its time. Its relevance today, though often misconstrued, remains due to the persisting issues of inequality, precarity of labor, and the imbalance of power in capitalist societies. The populist movement continues to be a key topic in political thought, with scholars like Anton Jäger focusing on its historical roots and its trajectory into the modern era.
Ever wondered why so many ancient Egyptian statues have broken noses? This common question arises from the frequent observation that…
Budapest, a city known for its rich history and vibrant culture, is home to many museums that cater to various…
Explore the significant archaeological discovery in Brazil, where over 100,000 artifacts and 43 skeletons unearthed could redefine the country’s ancient…