Popularized by Richard Hofstadter, the notion of "paranoid style" is the most influential attempt at applying the category of paranoia to the study of politics. Yet, the success of this elegant formula conceals a complex history and a set of unarticulated assumptions about the connections between symbolic phenomena, psychopathological states, and politics. The article proceeds to recover these assumptions and suggests that the notion of "paranoid style" is ultimately indeterminate, making its application arbitrary and ideological.