Concept

Populism

The most popular definition of populism defines the political strategy through an economic lens as ‘an approach to economics that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints, and the reaction of economic agents to aggressive nonmarket policies.’ Through a political science lens, populism is a rejection of pluralism and of the traditional political elite. Populism is generally considered a threat to liberal democracy which was a general trend in many nations in the 20th century.

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Updated 2020-08-19

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