Liberal Party of Australia
The contemporary Liberal Party generally advocates economic liberalism (see New Right). Historically, the party has supported a higher degree of economic protectionism and interventionism than it has in recent decades. However, from its foundation the party has identified itself as anti-socialist. Strong opposition to socialism and communism in Australia and abroad was one of its founding principles. The party's founder and longest-serving leader Robert Menzies envisaged that Australia's middle class would form its main constituency.
What is economic liberalism sometimes also referred to?
New Right
The contemporary Liberal Party generally advocates economic liberalism (see New Right).
economic liberalism