"72% of Americans say they hate big corporations—including Republicans." — Charles Derber
It's not just the right that's reacting against liberal democracy. Some progressives are also embracing populism. Charles Derber, longtime professor of sociology at Boston College, has a new book called Fighting Oligarchy: How Positive Populism Can Reclaim America. Rather than a dirty word, he argues, populism is an inevitable political response to the brutality of today's economy. We're in a disguised depression, he fears. Sixty percent of Americans say they feel one paycheck away from oblivion.
72% of Americans say they hate big corporations, Derber reminds us. Not just Democrats—Republicans too. Such hostility to large capitalist enterprises thus represents a kind of political supermajority. And Derber, a man of the left, sees this as fertile ground for what he calls positive populism. It's a politics that connects economic grievance to democratic renewal, the way the 1890s Populists did, the way the New Deal did, the way Martin Luther King did when he insisted you couldn't fight for civil rights without fighting against war and capitalism.
But can positive populism coexist with American capitalism? Derber says no. American capitalism is too oligarchic, too individualistic, too hostile to collective identity. It's not compatible with positive populism and thus, in Derber's mind at least, not compatible with survival. But that doesn't involve a Soviet-style elimination of the free market. It means something more like Northern European social democracy: strong unions, universal healthcare, a government that actually intervenes on behalf of ordinary people.
The trap, Derber warns, is nostalgia for the pre-Trump era. Going back to the supposedly "consensus" years of Bush, Obama and Clinton is a circuitous way of getting to another Trump. Today's street demonstrators—from Minneapolis to Los Angeles to New York City—understand this. According to Derber, demonstrations against ICE and MAGA are associating the immigration crackdowns with corporate oligarchy, and authoritarian political power with the economic power of big capitalism.
And so positive populism will prevail. At least according to Charles Derber. Fight the oligarchy!
Five Takeaways
● We're in a Disguised Depression: Sixty percent of Americans say they feel one paycheck away from disaster. This isn't radical rhetoric—it's mainstream public opinion.
● Hatred of Corporations Is Bipartisan: 72-73% of Americans—including Republicans—say they hate big corporations. Derber sees this as fertile ground for positive populism.
● Positive Populism Has Precedents: The 1890s Populists united white and Black workers. The New Deal gave ordinary people a stake. MLK linked civil rights to economics. These are the models.
● Going Back to Pre-Trump Is a Trap: If Democrats return to Bush-Obama-Clinton centrism, they'll get another Trump. The resistance understands this. The establishment doesn't.
● American Capitalism Is Incompatible: Positive populism can't coexist with American-style oligarchic capitalism. It needs transformation—not elimination of markets, but European-style social democracy.
About the Guest
Charles Derber is a professor of sociology at Boston College and author of more than twenty books, including Fighting Oligarchy: How Positive Populism Can Reclaim America and Bonfire: American Sociocide, Broken Relationships, and the Quest for Democracy. He is an old friend of Keen on America.
References
People mentioned:
● Pepper Culpepper is an Oxford political scientist whose book Billionaire Backlash argues that backlash against billionaires could strengthen democracy.
● Hélène Landemore is a Yale political scientist whose book Politics without Politicians makes the case for direct democracy.
● William Jennings Bryan ran for President four times on a populist platform but, Derber argues, sold out the movement's anti-corporate thrust.
● Martin Luther King Jr. argued that civil rights couldn't be separated from economic justice and opposition to war—a form of positive populism.
● Bernie Sanders and AOC are examples of positive populists within the Democratic Party today.
Historical references:
● The 1890s Populist Movement united farmers and workers against the first Gilded Age oligarchy. Lawrence Goodwyn called it "the democratic moment."
● The New Deal represented a form of positive populism with significant government intervention in markets and encouragement of union organizing.
About Keen On America
Nobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States—hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,800 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting.
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