Progressive Populism Prevails: Charles Derber on How to Fight the Oligarchy

"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