Paternalistic conservatism
The term right-wing socialism is a term used by some free-market right-libertarian movements and politicians to describe paternalistic conservatism as they see it supporting paternalism and social solidarity as opposed to individualism, commercialism and "laissez-faire" economics. They argue that paternalist conservatism supports state promoted social hierarchy and allows certain people and groups to hold higher status in such a hierarchy, which is conservative. The term is also used—more commonly, but distinctly—to refer to moderate social democratic forms of socialism when contrasted with Marxism–Leninism and other more radical left-wing alternatives. In "The Communist Manifesto", Karl Marx and Friedrich Engels criticised the "Philosophy of Poverty" by the anarchist writer and theorist Pierre-Joseph Proudhon as representing conservative or bourgeois socialism. Military socialism, guild socialism, agrarian socialism and some forms of Christian socialism are also termed right-wing socialism by various authors.
Factions in the Republican Party (United States)
In economic policy, conservatives call for a large reduction in government spending, free trade, less regulation of the economy and personalized accounts for Social Security. Supporters of supply-side economics predominate, but there are deficit hawks within the faction as well. Before 1930, the Northeastern pro-manufacturing faction of the GOP was strongly committed to high tariffs, but since 1945 it has been more supportive of free-market principles and treaties for open trade. The conservative wing supports social conservatism (often termed family values) and pro-life positions.