The case for libertarian populism

How do liberals plan to fight income inequality? Through higher taxes on the wealthy and a slew of new government programs to redistribute the money, of course.

But progressives realized long ago that they needed deep-pocket partners to help run and popularize their treasured government programs. As Bill Scher of the liberal Campaign for America’s Future recently admitted in The New York Times, “The necessity of corporate support for, or at least acquiescence to, liberal policies is not a new development in the history of American liberalism. Indeed, it has been one of its hallmarks.”

More recently, this partnership of corporate and government interests was at the heart of President Obama’s signature domestic accomplishment, Obamacare.