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What does populism mean?

Looking for the meaning or definition of the word populism? Here's what it means.

Noun
  1. (philosophy) A political doctrine or philosophy that proposes that the rights and powers of ordinary people are exploited by a privileged elite, and supports their struggle to overcome this.
  2. (derogatory) The practice of appealing to the interests of the common people.
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Examples
Arguments from incredulity wallow in a vulgar populism that elevates appeal to unlearned prejudice to a categorical imperative.
He claims the lack of leadership in the business and political world is due to an obsession with populism, which is disenabling the whole system.
It's fueled by a long legacy of anti-intellectualism and right-wing populism that focuses anger on liberal eggheads.
Statute is too often knee-jerk, headline-led populism with predictably tyrannous consequences for electorally irrelevant minorities.
Occasionally along comes an example of populism run amok the critics can sink their teeth into.
The authoritarian populism of Thatcher and Reagan were two such successful employments of neo-liberalism by politicians on the right.

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