The New Right is used to describe a broad set of policies that are generally right-wing and emphasize the value of the free market economically and politically. They tend to call for the privatization of industries and welfare systems as well as the rolling back of the welfare state.

Principles

The main principles of New Right philosophy were set out by Friedrich Hayek (1944) and Milton Friedman (1962). The New Right is interpreted slightly differently in each country, and some examples are set out below. Generally, though, it is closely related to the development of consumerism and characterized by those political parties and governments that are proponents of individualism and challenge the social democratic consensus of postwar welfare states.

The relationship of the New Right to consumerism is ...

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