European Journal of Social Theory 1–21 ª The Author(s) 2018 Rethinking Populism: Reprints and permission: sagepub.co.uk/journalsPermissions.nav Peak democracy, liquid DOI: 10.1177/1368431017754057 identity and the performance journals.sagepub.com/home/est of sovereignty Ingolfur Blu¨hdorn WU Vienna University of Economics and Business, Vienna, Austria Felix Butzlaff WU Vienna University of Economics and Business, Vienna, Austria Abstract Despite the burgeoning literature on right-wing populism, there is still considerable uncertainty about its causes, its impact on liberal democracies and about promising counter-strategies. Inspired by recent suggestions that (1) the emancipatory left has made a significant contribution to the proliferation of the populist right; and (2) populist movements, rather than challenging the established socio-political order, in fact stabilize and further entrench its logic, this article argues that an adequate understanding of the populist phenomenon necessitates a radical shift of perspective: beyond the democratic and emancipatory norms, which still govern most of the relevant literature. Approaching its subject matter via democratic theory and modernization theory, it undertakes a reassessment of the triangular relationship between modernity, democracy and popu- lism. It finds that the latter is not helpfully conceptualized as anti-modernist or anti- democratic but should, instead, be regarded as a predictable feature of the form of politics distinctive of today’s third modernity. Keywords liquid identity, peak democracy, politics of exclusion, second-order emancipation, simulative politics, third modernity Corresponding author: Ingolfur Blu¨hdorn, WU Vienna University of Economics and Business, Welthandelsplatz 1, Vienna 1020, Austria. Email:
[email protected] 2 European Journal of Social Theory XX(X) Towards a shift of perspective The ongoing tide of right-wing populism rapidly and profoundly is remoulding the political culture of Western liberal democracies.