
For years, populists on both the left and right have griped that Washington is in the thrall of libertarians, market fundamentalists, or perhaps neoliberals—despite the rarity of any politically powerful figure identifying as such.
Recent events should put those complaints to rest: With the elevation of Sen. J.D. Vance (R–Ohio) to the Republican presidential ticket, and, in a different way, Vice President Kamala Harris, American politics is now in the grips of a kind of neopopulism, one implicitly founded on the rejection of that synthesis, and in particular on the abandonment of the free-market, limited-government worldview.