Foreword Editor‐in‐Chief

Date01 May 2019
AuthorClifford W. Cobb
DOIhttp://doi.org/10.1111/ajes.12284
Published date01 May 2019
Foreword
Editor-in-Ch ief
By Clifford W. Cobb
I have learned a great deal from a careful reading of the articles in
this issue. Populism is a confusing topic. No single author has fully
comprehended it. So, it is genuinely helpful to have a number of
perspectives on it from the disciplines represented here. Historians,
ethnographers, political scientists, sociologists, and economists all
have something to contribute to an understanding of this phenome-
non. Alexandra Lough has skillfully edited the articles into a usable
compilation, but readers will still have to take responsibility for weav-
ing them together into a unified narrative, if that is possible.
Populism is necessarily a modern phenomenon. It is antagonistic
toward the existing party system in any country. There can be no pop-
ulism where there are no dominant political parties because populism
inevitably reacts against the perceived failure of mainstream parties.
The leadership of dominant political parties puts obstacles to change
in place, and populists seek to overcome those obstacles. Populism is
thus inherently disruptive, regardless of the ideology of any populist
group. It challenges the politics of equilibrium with the politics of
disequilibrium. People who feel secure with the status quo inevitably
oppose populist movements.
The fundamental problem that all forms of populism encounter is
the “iron law of oligarchy,” an expression first formulated by Robert
Michels ([1915] 2001: 224–235). By that expression, Michels meant
that the decisions of any group will be largely determined by a small
minority of its members, however hard the group strives to be demo-
cratic and transparent. For extended periods, the membership or the
populace tolerates this situation and allows the oligarchs to govern
without hindrance. But, from time to time, conditions arise that are
intolerable, and the populace rises up in anger, topples the existing
order, and creates a new order. This new order imagines itself to
be truly democratic, until a new group of leaders gains power and
repeats the old story.
American Jour nal of Economics and Sociology, Vol. 78, No. 3 (May, 2 019).
DOI: 10 .1111/ajes.122 84
© 2019 American Journa l of Economics and Sociology, Inc.

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