Right-wing politics
Although the right-wing originated with traditional conservatives, monarchists, and reactionaries, the term extreme right-wing has also been applied to movements including fascism, Nazism, and racial supremacy. From the 1830s to the 1880s, there was a shift in the Western world of social class structure and the economy, moving away from nobility and aristocracy towards capitalism. This general economic shift toward capitalism affected centre-right movements such as the British Conservative Party, which responded by becoming supportive of capitalism. In the United States, the Right includes both economic and social conservatives. In Europe, economic conservatives are usually considered liberal and the Right includes nationalists, nativist opposition to immigration, religious conservatives, and historically a significant presence of right-wing movements with anti-capitalist sentiments including conservatives and fascists who opposed what they saw as the selfishness and excessive materialism inherent in contemporary capitalism.
Conservatism in the United States
In addition, some American libertarians, in the Libertarian Party and even some in the Republican Party, see themselves as conservative, even though they advocate significant economic and social changes—for instance, further dismantling the welfare system or liberalizing drug policy. They see these as conservative policies because they conform to the spirit of individual liberty that they consider to be a traditional American value. However, many libertarian think-tanks such as the Cato Institute, and libertarian intellectuals such as David Boaz describe libertarianism as being "socially liberal and fiscally conservative."