What is Right View, and how can it be applied in the contemporary world? I am looking specifically for an easily accessible summary of Right View, and how it can be applied in a contemporary setting. For instance, how might Right View be used (or not) to approach daily work and lifestyle frustrations?
In your daily life, as you go about things, just observe and analyse any negative thought arising in the mind without acting in response to them. One does not need a specific spot or time to do this. Whenever a negative thought arises in the mind, one has to observe and analyse it right away as a fire needs to be extinguished instantly. This way one is able to turn one’s “bad” days in to “good” days. One is able to spend the day with happiness. 

One who goes on experiencing happiness through the observation and analysis of one’s thoughts realise one day that happiness and suffering are merely feelings emerging in the mind and it would be prudent to eliminate any feeling associated with happiness or unhappiness. Until one reaches this stage, one needs to continue with the approach of observing and analysing the thoughts with patience. This is Right View in practice, and is the only way for true happiness.

@UrsulRosu rightly pointed out that it is also Right Effort and Right Mindfulness. The ultimate meaning of samma dhitti (right view) is ascertaining the supramundane truth. What involves in the category of supramundane truth? It is the understanding that everything existing in the world is subject to anicca. One who comprehends the supramundane truth in everything based on anicca, dukkha and anatta could definitely attain the supreme bliss of Nibbana. His/her mind would no longer be in a state of burning – the  mind is totally relieved of burning and heat. We, now, realize the importance of leading a life based on the principles of sacca, dhamma, dhiti and caga in order to achieve mental peace at all times.

Then @SarathW noted that the right view cannot be practiced in isolation - that it has to be practiced in conjunction with whole Noble Eight-fold Path. This is true. Right view is the penetration of the truth of the teaching in one's own immediate experience.the Buddha calls right view the forerunner of the path (pubbangama), which gives direction and efficacy to the other seven path factors, yet it cannot be practiced in isolation. 

The Awakened One described kaya’, ‘vedana’, ‘citta’, ‘dhamma’ individually for the sake of detailed analysis. Otherwise all four methods function in a single mind. As a thought arises in the mind, one of the following is prominently discernible: a) Actions of the mind; b) Feelings of the mind; c) The way how these feelings are grasped; d) Mental factors (dhammas = ) resulting from action / feelings of the mind. 

Kayagata-Sati signifies the practice of watching the mind mindfully. We need to observe what is prominent in a given time. No matter what type of a process arises in the mind for us to observe, our objective should be to observe any process without greed (lobha) or aversion (dosa).

When one engages in the practice of watching the mind with mindfulness for some time, it becomes an involuntary habit. You can name this as “energy” (viriya) if you like. When one keeps watching the mind with mindfulness, mind distances itself from unhappy, uncomfortable feelings and reach the state known as “Samadhi” (concentration). Samadhi is a mental state associated with lucidity, serenity and unification of mind. 

Samadhi is a mental state that every Buddhist should experience and could experience. When one observes the mind with mindfulness, one is able to distinguish between wholesome and unwholesome mental changes followed by happiness and unhappiness. This enables one to determine the wholesome thoughts that need to be cultivated and maintained at any cost. This particular knowledge resulting from the exercise of watching the mind is referred to as “wisdom” (paññā).

When the Mind is analytically observed to understand the existence of raga (greed), dosa(hatred), moha (delusion), mana (conceit), and ditthi (wrong view), mental suffering begins to subside gradually. Saddha (faith), sati (mindfulness), viriya (energy), Samadhi (concentration) and paññā (wisdom) begin to arise in the mind instead. Happiness begins to take a firm hold on the mind. Anyone has the potential to establish a happiness-based mind in this manner and engage in day to day affairs.