Quotes on Populism

Populism is the simple premise that markets need to be restrained by society and by a democratic political system. We are not socialists or communists, we are proponents of regulated capitalism and, I might add, people who have read American history.

I draw a very clear distinction between populism and democracy.

Populism has had as many incarnations as it has had provocations, but its constant ingredient has been resentment, and hence whininess. Populism does not wax in tranquil times; it is a cathartic response to serious problems. But it always wanes because it never seems serious as a solution.

Despotism has so often been established in the name of liberty that experience should warn us to judge parties by their practices rather than their preachings.