Agrarian populists sought access to hedging, not the abolition of speculation.

Evidence

As Postel argued, populist movements did not represent “premodern” values (family, community, church)—far from it—or resistance to the coming market revolution on the basis of Protestant morality. They had a “distinctly modernising” sensibility (Postel 2007, 9) and a special interest in the function of the economy. Arguably, then, ordinary agrarian populists did not so much begrudge speculation itself but the lack of access to insurance that would enable them to hedge their own radical uncertainties as effectively as CBOT speculators. — Aris Komporozos-Athanasiou, Speculative Communities, 131

Categorization

• XREF: Directly supports the reader’s core thesis that populism is about access to speculation/insurance, not rejection of markets—connects to financialized-populism-as-betting argument.
• SEED: Angle: modern populists aren’t anti-market; they’re asking for their own seat at the speculative table. Could frame contemporary resentment as blocked access to hedging instruments.