Not all populist movements are negative and destructive, writes Dr Stephen Blomfield, although David Marquand thinks populism tends to flourish out of dysfunctional political systems. Plus letters from David Redshaw and Derek Heptinstall
Andy Beckett presents an entirely negative picture of populism (This is a moment of truth for rightwing populists – but don’t celebrate yet, 23 October). There are many unfortunate examples in our present age of how destructive populist movements can be. However, he appears unaware of earlier and more positive episodes of populism, in particular the founding of the People’s party in 1891 in the US. This became a significant political party, gaining 8% of the popular vote when it fielded a candidate in the 1892 presidential election.
The origins of the People’s party, also known as the Populist party, lay in the exploitation of sharecroppers and tenant farmers by business monopolies and the banking elite. These agrarian workers had been plunged into debt, after taking on loans to fund investments in new farming equipment, when they were hit by droughts and falling crop prices, together with extortionate loan terms and interest rates.
