Lawrence Goodwyn’s Democratic Promise: The Populist Moment in America (1976), a pathbreaking book on the history of Populism and agrarianism, turns fifty in 2026. In this retrospective roundtable, a distinguished panel of historians of Populism discusses the book and its legacy, as well as its author and the relevant historiographical debates. Democratic Promise, which focused largely (although not exclusively) on Texas, was one of several works that pushed back against earlier analyses of the Populists, such as the largely negative portrayal in Richard Hofstadter’s The Age of Reform (1955). Goodwyn, who taught for more than three decades at Duke University, controversially introduced the idea of a “shadow movement” that effectively derailed the promise of Populism. Nevertheless, Goodwyn’s book was tremendously influential, and it still demands the attention of historians of the Gilded Age and Progressive Era.