A third component of the ideational approach to populism is the idea of the general will, or "volonté générale". An example of this populist understanding of the general will can be seen in Chávez's 2007 inaugural address, when he stated that "All individuals are subject to error and seduction, but not the people, which possesses to an eminent degree of consciousness of its own good and the measure of its independence. Because of that its judgement is pure, its will is strong, and none can corrupt or even threaten it." For populists, the general will of "the people" is something that should take precedence over the preferences of "the elite".