Liberal democracyLiberal democracy or western democracy is the combination of a liberal political philosophy that operates under a representative democratic form of government. It is characterized by elections between multiple distinct political parties, a separation of powers into different branches of government, the rule of law in everyday life as part of an open society, a market economy with private property, universal suffrage, and the equal protection of human rights, civil rights, civil liberties and political freedoms for all people.
Radical centrismRadical centrism (also called the radical center, the radical centre or the radical middle) is a concept that arose in Western nations in the late 20th century. The radical in the term refers to a willingness on the part of most radical centrists to call for fundamental reform of institutions. The centrism refers to a belief that genuine solutions require realism and pragmatism, not just idealism and emotion. One radical centrist text defines radical centrism as "idealism without illusions", a phrase originally from John F.
NeoliberalismNeoliberalism, also neo-liberalism, is a term used to signify the late-20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and right-libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society.
Right-wing politicsRight-wing politics describes the range of political ideologies that view certain social orders and hierarchies as inevitable, natural, normal, or desirable, typically supporting this position based on natural law, economics, authority, property or tradition. Hierarchy and inequality may be seen as natural results of traditional social differences or competition in market economies. Right-wing politics are considered the counterpart to left-wing politics, and the left–right political spectrum is one of the most widely accepted political spectrums.
Social market economyThe social market economy (SOME; soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state. It is sometimes classified as a regulated market economy.
