Populists
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Populists
Populism refers to a range of political stances that emphasize the idea of "the people" and often juxtapose this group against " the elite". It is frequently associated with anti-establishment and anti-political sentiment. The term developed in the late 19th century and has been applied to various politicians, parties and movements since that time, often as a pejorative. Within political science and other social sciences, several different definitions of populism have been employed, with some scholars proposing that the term be rejected altogether. A common framework for interpreting populism is known as the ideational approach: this defines ''populism'' as an ideology which presents "the people" as a morally good force and contrasts them against "the elite", who are portrayed as corrupt and self-serving. Populists differ in how "the people" are defined, but it can be based along class, ethnic, or national lines. Populists typically present "the elite" as comprising the pol ...
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People's Party (United States)
The People's Party, also known as the Populist Party or simply the Populists, was a left-wing Agrarianism, agrarian populist political party in the United States in the late 19th century. The Populist Party emerged in the early 1890s as an important force in the Southern and Western United States, but collapsed after it nominated Democratic Party (United States), Democrat William Jennings Bryan in the 1896 United States presidential election. A Rump party, rump faction of the party continued to operate into the first decade of the 20th century, but never matched the popularity of the party in the early 1890s. The Populist Party's roots lay in the Farmers' Alliance, an agrarian movement that promoted economic action during the Gilded Age, as well as the Greenback Party, an earlier third party that had advocated fiat money. The success of Farmers' Alliance candidates in the 1890 United States elections, 1890 elections, along with the conservatism of both major parties, encouraged Fa ...
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Left-wing Populism
Left-wing populism, also called social populism, is a political ideology that combines left-wing politics with populist rhetoric and themes. Its rhetoric often consists of anti-elitism, opposition to the Establishment, and speaking for the "common people".Albertazzi and McDonnell, p. 123. Recurring themes for left-wing populists include economic democracy, social justice, and Anti-globalization movement, scepticism of globalization. Socialist theory plays a lesser role than in traditional left-wing ideologies. Criticism of capitalism and globalization is linked to antimilitarism, which has increased in left populist movements due to unpopular United States military operations, especially those in the Middle East. It is considered that the populist left does not exclude others horizontally and relies on Egalitarianism, egalitarian ideals. Some scholars also speak of nationalist left-wing populist movements, a feature exhibited by the Sandinista Revolution in Nicaragua or the Boliv ...
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Liberal Democracy
Liberal democracy is the combination of a liberal political ideology that operates under an indirect democratic form of government. It is characterized by elections between multiple distinct political parties, a separation of powers into different branches of government, the rule of law in everyday life as part of an open society, a market economy with private property, and the equal protection of human rights, civil rights, civil liberties and political freedoms for all people. To define the system in practice, liberal democracies often draw upon a constitution, either codified (such as in the United States) or uncodified (such as in the United Kingdom), to delineate the powers of government and enshrine the social contract. After a period of expansion in the second half of the 20th century, liberal democracy became a prevalent political system in the world.Anna Lührmann, Seraphine F. Maerz, Sandra Grahn, Nazifa Alizada, Lisa Gastaldi, Sebastian Hellmeier, Garry Hindle ...
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Right-wing Populism
Right-wing populism, also called national populism and right-wing nationalism, is a political ideology that combines right-wing politics and populist rhetoric and themes. Its rhetoric employs anti-elitist sentiments, opposition to the Establishment, and speaking to or for the "common people". Recurring themes of right-wing populists include neo-nationalism, social conservatism, and economic nationalism. Frequently, they aim to defend a national culture, identity, and economy against perceived attacks by outsiders. Right-wing populism in the Western world is generally associated with ideologies such as anti-environmentalism, anti-globalization, nativism, and protectionism. In Europe, the term is often used to describe groups, politicians, and political parties generally known for their opposition to immigration, especially from the Muslim world, and for Euroscepticism. Right-wing populists may support expanding the welfare state, but only for those they deem fit to receive i ...
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Occupy Wall Street
Occupy Wall Street (OWS) was a protest Social movement, movement against economic inequality and the Campaign finance, influence of money in politics that began in Zuccotti Park, located in New York City's Financial District, Manhattan, Wall Street financial district, in September 2011. It gave rise to the wider Occupy movement in the United States and other countries. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social equality, social and economic inequality, greed, corruption and the undue Regulatory capture, influence of corporations on government—particularly from the financial services sector. The OWS slogan, "We are the 99%", refers to income inequality in the United States, income and wealth inequality in the U.S. between The 1%, the wealthiest 1% and the rest of the population. To achieve their goals, protesters acted on consensus-based decisions made in General assembly (Occupy m ...
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Socialism
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ...
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Political Opportunism
Political opportunism refers to the attempt to maintain political support, or to increase political influence - possibly in a way which disregards relevant ethical or political principles. History The political philosophy of Niccolò Machiavelli as described in ''The Prince'' is often regarded as a classic manual of opportunist scheming, and indeed a ''Machiavellian'' is nowadays defined as "a cunning, amoral, and opportunist person, especially a politician". Definition Political opportunism is interpreted in different ways, but usually refers to one or more of the following: *a political style of aiming to increase one's political influence at any price, or a political style that involves seizing every and any opportunity to extend political influence, whenever such opportunities arise. *the practice of abandoning or compromising in reality some important political principles that were previously held, in the process of trying to increase one's political power and influen ...
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Demagogue
A demagogue (from Greek , a popular leader, a leader of a mob, from , people, populace, the commons + leading, leader) or rabble-rouser is a political leader in a democracy who gains popularity by arousing the common people against elites, especially through oratory that whips up the passions of crowds, appealing to emotion by scapegoating out-groups, exaggerating dangers to stoke fears, lying for emotional effect, or other rhetoric that tends to drown out reasoned deliberation and encourage fanatical popularity. Demagogues overturn established norms of political conduct, or promise or threaten to do so. Historian Reinhard Luthin defined ''demagogue'' as "...a politician skilled in oratory, flattery and invective; evasive in discussing vital issues; promising everything to everybody; appealing to the passions rather than the reason of the public; and arousing racial, religious, and class prejudices – a man whose lust for power without recourse to principle leads him to see ...
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Pejorative
A pejorative or slur is a word or grammatical form expressing a negative or a disrespectful connotation, a low opinion, or a lack of respect toward someone or something. It is also used to express criticism, hostility, or disregard. Sometimes, a term is regarded as pejorative in some social or ethnic groups but not in others, or may be originally pejorative but later adopt a non-pejorative sense (or vice versa) in some or all contexts. Etymology The word ''pejorative'' is derived from a Late Latin past participle stem of ''peiorare'', meaning "to make worse", from ''peior'' "worse". Pejoration and melioration In historical linguistics, the process of an inoffensive word becoming pejorative is a form of semantic drift known as pejoration. An example of pejoration is the shift in meaning of the word ''silly'' from meaning that a person was happy and fortunate to meaning that they are foolish and unsophisticated. The process of pejoration can repeat itself around a single concept, ...
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Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ...
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Government Spending
Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure. Government acquisition of goods and services intended to create future benefits, such as infrastructure investment or research spending, is classed as government investment (government Gross fixed capital formation, gross capital formation). These two types of government spending, on final consumption and on gross capital formation, together constitute one of the major components of gross domestic product. Government spending can be financed by government borrowing, taxes, custom duties, the sale or lease of natural resources, and various fees like national park entry fees or licensing fees. When Governments choose to borrow money, they have to gov ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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