Right-wing politics
In modern times, "right-wing" is sometimes used to describe "laissez-faire" capitalism. In Europe, capitalists formed alliances with the Right during their conflicts with workers after 1848. In France, the Right's support of capitalism can be traced to the late-nineteenth century. The so-called neoliberal Right, popularised by US President Ronald Reagan and UK Prime Minister Margaret Thatcher, combines support for free markets, privatisation and deregulation with traditional right-wing support for social conformity. Right-wing libertarianism (sometimes known as libertarian conservatism or conservative libertarianism) supports a decentralised economy based on economic freedom and holds property rights, free markets and free trade to be the most important kinds of freedom. Russell Kirk believed that freedom and property rights were interlinked. Anthony Gregory has written that right-wing libertarianism "can refer to any number of varying and at times mutually exclusive political orientations". Gregory holds that the issue is neither right or left, but "whether a person sees the state as a major hazard or just another institution to be reformed and directed toward a political goal".
Right-wing populism
In Europe, right-wing populism is an expression used to describe groups, politicians and political parties generally known for their opposition to immigration, mostly from the Islamic world and in most cases Euroscepticism. Right-wing populism in the Western world is generally—though not exclusively—associated with ideologies such as neo-nationalism, anti-globalization, nativism, protectionism and opposition to immigration. Anti-Muslim ideas and sentiments and anti-Semitism serve as the "great unifiers" among right-wing political formations throughout the United States and Europe. Traditional right-wing views such as opposition to an increasing support for the welfare state and a "more lavish, but also more restrictive, domestic social spending" scheme is also described under right-wing populism and is sometimes called "welfare chauvinism".