New Right
A right-wing ideology embracing liberal economics and traditional social values
Real World Example
The New Right was a political movement during the 1980s and early 1990s that combined conservative economic policies, like reducing government spending and taxes, with traditional social values, such as promoting family and religious beliefs. It emerged in response to the perceived failures of liberal policies, such as high inflation and social changes in the 1960s and 70s, and sought to restore order and economic stability. It was important because it significantly influenced leaders like U.S. President Ronald Reagan and U.K. Prime Minister Margaret Thatcher, who implemented policies that shaped their countries' economies and societies. Today, the New Right's ideas still impact debates over taxation, government regulation, and social issues like marriage and education. For example, discussions about school choice, where parents can decide where their children go to school, reflect the New Right's influence on promoting individual decision-making and traditional values.
