Title: The return of populism | The Economist
Headings: The return of populism
Latin America
The return of populism
Give me a balcony
More Mussolini than Marx
Sources:

Content: Though populists were not alone in favouring inflationary finance, they were particularly identified with it. Some commentary on populism has emphasised this aspect. In their book “The Macroeconomics of Populism”, Rudiger Dornbusch and Sebastian Edwards characterise “economic populism” as involving a dash for growth and income redistribution while ignoring inflation, deficit finance and other risks. Such policies were pursued not just by populists of the past, but by Mr García, Peru's president in 1985-90. In a milder form, they are being followed by Mr Kirchner, Argentina's Peronist president. Mr Chávez has been rescued from deficit financing only by Venezuela's oil windfall. Populist economics was adopted, too, by Salvador Allende, Chile's Socialist president of 1970-73, and Nicaragua's Sandinistas. That has led many observers to use “populist” and “leftist” interchangeably—a mistake that led foreign investors to lose money when they panicked unduly when Lula won Brazil's election in 2002. More Mussolini than Marx
In fact, there is nothing inherently left-wing about populism. Some populist leaders were closer to fascism: