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".
Communist Party USA
Accordingly, the Communist Party holds that right-wing policymakers such as the neoconservatives, steering the state away from working-class interests on behalf of a disproportionately powerful capitalist class, have "demonized foreign opponents of the U.S., covertly funded the right-wing-initiated civil war in Nicaragua, and gave weapons to the Saddam Hussein dictatorship in Iraq. They picked small countries to invade, including Panama and Grenada, testing new military equipment and strategy, and breaking down resistance at home and abroad to U.S. military invasion as a policy option".