Right-wing politics
Right-wing politics hold that certain social orders and hierarchies are inevitable, natural, normal, or desirable, typically supporting this position on the basis of natural law, economics, or tradition. Hierarchy and inequality may be viewed as natural results of traditional social differences or the competition in market economies. The term right-wing can generally refer to "the conservative or reactionary section of a political party or system".
Conservative Party (UK)
The second main grouping in the Conservative Party is the "free-market wing" of economic liberals who achieved dominance after the election of Margaret Thatcher as party leader in 1975. Their goal was to reduce the role of the government in the economy and to this end they supported cuts in direct taxation, the privatisation of nationalised industries and a reduction in the size and scope of the welfare state. Supporters of the "free-market wing" have been labelled as "Thatcherites". The group has disparate views of social policy: Thatcher herself was socially conservative and a practising Anglican but the free-market wing in the Conservative Party harbour a range of social opinions from the civil libertarian views of Michael Portillo, Daniel Hannan, and David Davis to the traditional conservatism of former party leaders William Hague and Iain Duncan Smith. The Thatcherite wing is also associated with the concept of a "classless society".