On the other hand, Market Skeptic Republicans, who support increased taxes on corporations and say the system is rigged in favor of the rich, are just 12 percent of registered voters and 10 percent of the politically engaged (defined as registered voters who follow politics closely and participate in elections regularly).

Three other groups make up the GOP. “Core Conservatives” are traditional Republicans. “Country First Conservatives” are older than other GOP-leaning groups, have fewer bachelor’s degrees, and oppose immigration and involvement overseas. “New Era Enterprisers” are younger, more diverse, pro-immigration, and pro-business.

Together, Core Conservatives and New Era Enterprisers comprise 26 percent of registered voters and 29 percent of the politically engaged. They provide the dominant Republican discourse. The Country First Conservatives and Market Skeptic Republicans supply the critique. As interesting and novel as this critique may be—and perhaps because it is so interesting and novel—it is easy to commit the fallacy of composition and mistake the market-skeptical part for the whole.