Populism (Theory and Philosophy)

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    The Abundance Agenda Has Its Own Theory of Power

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    I have had a fascinating few months. “Abundance,” the book I wrote with Derek Thompson, is either going to save the Democratic Party or destroy it. You think I’m kidding. Here’s The Wall Street Journal’s headline: “Can the ‘Abundance Agenda’ Save the Democrats?” Here’s The Nation: “Why the ‘Abundance Agenda’ Could Sink the Democratic Party.” The Atlantic placed the book at the center of “the coming Democratic civil war.”Before “Abundance” came out, I worried that its argument would be too agreeable to generate much debate. I didn’t foresee Ragnarok.But I was wrong about who would perceive it as a threat. The book is largely a critique of how Democrats have governed in the places where they’ve held power. But the obvious targets of that critique — blue-state governors like Gavin Newsom and Kathy Hochul and top Obama and Biden administration officials — have largely embraced it. Maura Healy, the governor of Massachusetts, laid out a plan for “housing abundance.” More than one top Democrat I expected to react defensively to the argument told me that they felt that they could have written it.This is, for Democrats, a liquid moment. The party is reimagining itself after its crushing loss in 2024, and a lot is riding on which critiques are woven into its renewal. And so the backlash to the book has come from a faction of the party that saw itself rising within the wreckage and worries that “Abundance” will derail its ascendance: the anti-corporate populists.“Abundance” is an effort to focus more of American politics on a surprisingly neglected question: What do we need more of, and what is stopping us from getting it? It is that focus that some of my friends on the populist left object to. Zephyr Teachout, a Fordham law professor who’s a central figure on the anti-monopolist left, told me that her problem with “Abundance” wasn’t the policies but the central question: “We should be focusing Democratic politics and politics in general on the problem of concentrated power and the way in which concentrated power is making it impossible to do things.”Demand Progress, a leftist advocacy group, went so far as to commission a poll to see which message appealed to more voters. Voters were asked to choose between the two framings of “the big problem” in American life: Was it “‘bottlenecks’ that make it harder to produce housing, expand energy production or build new roads and bridges” or rather that “big corporations have way too much power over our economy and our government.” Unsurprisingly, the latter won.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Where Oligarchy and Populism Meet

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      More from our inbox:The Cruelties of Cash BailThalassa Raasch for The New York TimesTo the Editor:Re “It’s About Ideology, Not Oligarchy,” by Ross Douthat (column, March 23):Ross Douthat asks the right questions in this column: Why have Elon Musk and the other Silicon Valley hotshots swung hard behind President Trump? Why are they pouring money and energy into the MAGA movement? And why is Mr. Trump giving them free rein? But Mr. Douthat provides the wrong answer. It is not credible to think, as he suggests, that Mr. Musk has suddenly committed his life to lowering the deficit or shrinking the government.We know quite well what Mr. Musk and his tech-bro pals want: to translate their tremendous wealth into power, and use that power to remake the United States into a vehicle for the endless growth of technology and, not incidentally, of their own wealth and glory. There is ideology here, an Ayn Randian glorification of the noble creators. It is an ideology that amounts to oligarchy.Mr. Trump is seen as the vehicle for this transformation. His interests and those of the tech elite overlap, for now. Both want to fatally weaken the government and leave it open to a takeover. Mr. Trump sees himself as the new owner, while Mr. Musk and others want it run by the enlightened few. They will clash, but whoever wins, the American people will be the losers.Adam WassermanSanta Fe, N.M.To the Editor:Ross Douthat should take his cue on oligarchy from countries where it thrives. The central characteristic of these governments is rule of (a few) men rather than rule of law. The concentration of political and economic power is typically maintained not by a coherent ideology or by policies that explicitly favor the superrich, but by identity politics that divide people into “us” and “them.”In parts of Eastern Europe, oligarchs rely on a mixture of jingoism and ethnic nationalism fueled by external grievances and anti-immigrant and anti-L.G.B.T.Q. sentiment. These narratives justify the power of the oligarchs and maintain the system.Across the board, the rule of law unravels because it constrains the power of the oligarchs. Is America headed in that direction?We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      The Second Trump Administration Is About Ideology, Not Oligarchy

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      The Democrats, casting about for an anti-Trump narrative, have found a word: “oligarchy.” It was part of Joe Biden’s farewell address; it’s central to Senator Bernie Sanders’s barnstorming; it shows up in the advice given by ex-Obama hands. It aspires to fold together President Trump’s self-enrichment, Elon Musk’s outsize influence, the image of Silicon Valley big shots at the inauguration with a familiar Democratic criticism of the G.O.P. as the party of the superrich.I don’t want to pass premature judgment on its rhetorical effectiveness. But as a narrative for actually understanding the second Trump administration, the language of “oligarchy” obscures more than it reveals. It suggests a vision of Trumpism in which billionaires and big corporations are calling the shots. And certainly, the promise of some familiar Republican agenda items — like deregulation and business tax cuts — fits that script.But where Trump’s most disruptive and controversial policies are concerned, much of what one might call the American oligarchy is indifferent, skeptical or fiercely opposed.Start with the crusade against wokeness and D.E.I., a fight spreading beyond the federal bureaucracy to everything (state policymaking, university hiring) influenced by federal funding. Is this a central oligarchic agenda item? Not exactly. Sure, some corporate honchos were weary of activist demands and welcomed the rightward shift. But before the revolts that began with politicians like Ron DeSantis and activists like Christopher Rufo, the corporate oligarchy was an ally or agent of the Great Awokening, either accepting new progressivism’s strictures as the price of doing business or actively encouraging D.E.I. as both a managerial and a commercial strategy.Capital, in other words, is flexible. It can be woke or unwoke, depending on the prevailing winds, and it will adapt again if anti-D.E.I. sentiment goes away.Next, consider Musk’s so-called Department of Government Efficiency, with its frantic quest to slash contracts, grants and head counts at government agencies. Is this oligarchy? No doubt some corporations stand ready to fill spaces left open by the public-sector retreat. But the American corporate sector as a whole is deeply enmeshed with governmental contracting, heavily invested in public-private partnerships, accustomed to cozy lobbying relationships and eager to take advantage of government largess.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More