The essay’s starting point is the definition of ‘populism’ proposed by Ernesto Laclau and how it is nowadays used to explain the success of political forces such as Syriza and Podemos. The focal point of the essay is not to look for the definitive criteria to define ‘left populism’, but rather to investigate the relocations of the ‘antagonistic frontiers’ as opposed to the neoliberal governance. On one side, the possibility to find out populistic features in the neoliberal governance itself is emphasized (by using the category of Rosanvallon’s ‘counterdemocracy’). On the other, the essay focuses on the problem of political organisation as the main aspect which remains unelaborated both in the contemporary neoliberalism and populism. This topic emerges urgently from the potentiality and ambivalences that characterize their struggle for hegemony.