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".
Right-wing populism
From the 1990s, right-wing populist parties became established in the legislatures of various democracies, including Australia, Brazil, Canada, Czech Republic, Denmark, Estonia, France, Germany, Romania and Sweden; and they entered coalition governments in Austria, Belgium, Bulgaria, Chile, Finland, Greece, Italy, Israel, Latvia, Lithuania, the Netherlands, New Zealand, Norway, Slovakia and Switzerland; and majority governments in India, Turkey, Hungary and Poland. Although extreme right-wing movements in the United States have been studied separately, where they are normally called "radical right", some writers consider them to be a part of the same phenomenon. Right-wing populism in the United States is also closely linked to paleoconservatism. Right-wing populism is distinct from conservatism, but several right-wing populist parties have their roots in conservative political parties. Other populist parties have links to fascist movements founded during the interwar period when Italian, German, Hungarian, Spanish and Japanese fascism rose to power.