Politics

For decades I've said libertarianism is naturally populist. Reagan's libertarian message empowered him to win two landslides. Here's the crux of libertarian populism.

"The pivot point of libertarian populism is its hostility toward the cronyism that presently characterizes the political economy of the United States. Relationships between powerful elites in government and industry have, libertarian populists argue, cemented into an immovable and perennial force that creates privilege for the few at the expense of the many — hence, libertarian populism."

Exactly.