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Confronting Capitalism: Populism’s Promises and Pitfalls

Confronting Capitalism: Populism’s Promises and Pitfalls

Update: 2025-09-10
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Populism is in the air, providing unique opportunities and challenges to the Left. On this episode of Confronting Capitalism, Vivek Chibber discusses how populist sentiment — popular anger at elites and a demand for economic redress — helped socialists reinsert economics back into politics.


Recent electoral victories, such as Zohran Mamdani’s win in the New York City Democratic primary, have shown the success of centering material demands with widespread appeal. While not populist in the classic sense, campaigns like Mamdani’s have been able to harness this broader mood of popular discontent. The strategy is not without its limitations, but it holds important lessons for how the Left can reshape a political environment that has been hostile to workers for decades.


The latest issue of Catalyst is out, and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM


Have a question for us? Write to us by email: confronting.capitalism@jacobin.com


Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy, and published by Jacobin. Music by Zonkey.

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Confronting Capitalism: Populism’s Promises and Pitfalls

Confronting Capitalism: Populism’s Promises and Pitfalls