They Don't Make Populism in the U.S. Like They Used To

Since the financial crisis began, commentators have been tossing around the term "populism," saying it is responsible for anger about corporate bonuses, that politicians are caving in to it, that it endangers President Barack Obama's agenda.

A word that until recently was used for half-remembered political movements against the elite, like the campaigns of William Jennings Bryan, has been hauled out of storage, often paired with the word "rage."

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Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

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