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".
Movement conservatism
R. Emmett Tyrrell, a prominent writer on the right, says, "the conservatism that, when it made its appearance in the early 1950s, was called the New Conservatism and for the past fifty or sixty years has been known as 'movement conservatism' by those of us who have espoused it." Political scientists Doss and Roberts say that "The term movement conservatives refers to those people who argue that big government constitutes the most serious problem... Movement conservatives blame the growth of the administrative state for destroying individual initiative." Historian Allan J. Lichtman traces the term to a memorandum written in February 1961 by William A. Rusher, the publisher of "National Review", to William F. Buckley, Jr., envisioning "National Review" as not just "the intellectual leader of the American Right," but more grandly of "the Western Right." Rusher envisioned philosopher kings would function as "movement conservatives".