The populist fantasy: wrong history, wrong politics. (Populism A Dialogue).

LOOKING FORWARD TO 2004, liberals and progressives have become embroiled in an argument over whether Democrats ought to embrace or reject populism. Pro-business moderates--or, more precisely, anti-anti-business moderates-have lambasted Al Gore's 2000 campaign for overemphasizing "economic populism" and for slighting the "pro-growth" agenda advanced by the Democratic Leadership Conference and its current leader, Sen. Joe Lieberman (D-Conn.).

Neopopulists, on the other hand, disparage pro-business Democrats and proclaim that the party must become, once again, ...

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