This article locates Ernesto Laclau’s populist reason as a point of departure to understand the contemporary democratic logic and its so-called ‘excesses’. It argues that, even if resourceful, Laclau’s findings can be supplemented with a theory of the imaginary as developed by Cornelius Castoriadis, as well as with key remarks from a discussion of the theologico-political as this was characterized by Claude Lefort. The aim is to construct an understanding on the political as it is structured by language and the (...) symbolic, presenting thus democracy and populism as two opposing sides of a foundational political myth. (shrink)