populism Flashcards
populist platform
Free coinage of silver, direct vote of the people, income tax, civil service reform, an eight-hour workday, and government-owned transportation and communication
free coinage of silver
bimetallism - silver and gold standard
direct vote of the people
Senators being voted for by the people rather than the government - People advocated for this so that the “common people” could have a say in the government and be part of a true democracy.
income tax
Taxing the richest people (the top 1%) in order to alleviate the economic impacts of removing tariffs
civil service reform
Hiring workers based on ability rather than political standing (i.e. people cannot be hired just because political candidates like them)
eight hour workday
This ensures that workers ideally get eight hours of work, eight hours of free time, and eight hours of sleep - This ratio of work, free time, and sleep is still often used in the modern day due to populists advocating for it.
government ownership of all forms of transportation and communication
Instead of public utilities being privately owned, the government should manage public utilities and transportation. socialist belief that has not been implemented. focuses mainly on railroads to ensure that they are not owned by the private sector
grangers
Members of the Populist party (laborers and farmers)
James B. Weaver
populist presidential candidate
Farmer’s Alliance
A union of farmers trying to improve their economic conditions
republican “sound money” platform
the refusal to add a silver standard alongside the gold standard (for the convenience of industrialists and bankers)
William Jennings Bryan
democratic presidential candidate who gave the cross of gold speech and popularized populism
cross of gold speech
a speech about bimetallism that increased the popularity of populism. most populist votes went to the democratic party because of this speech
Jacob coxley
led Coxley’s Army, a union of laborers protesting about economic inflation. The march was unsuccessful but paved the way for future protesters
results of populist party reforms
sherman anti-trust act, interstate commerce commission
sherman anti-trust act
outlawed monopolies, allowed people to be sued for excluding economic competition or limiting other companies