Posted on December 17, 2020. Many people know that there are two parties in the United States, the Democratic and the Republican parties, and they are both fighting for power. The symbol of the former is a donkey; the latter, an elephant. And so it is — but not exactly. In the United States, attempts have been made to change this system on more than one occasion. At the end of the 19th century, the Populist Party challenged the system when it was founded by those who opposed monopolies and the subordination of democracy to financial and industrial capital. They represented the interests of farmers, and demanded taxation of wealth, creation of state granaries and regulation of agricultural supplies and prices, and they campaigned under a slogan of fighting against elite domination.