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Right and wrong may refer to: Ethics , or moral philosophy, a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior Morality , the differentiation of intentions, decisions and actions between those that are distinguished as proper and those that are improper
The economic (left–right) axis measures one's opinion of how the economy should be run. [1] In economic terms, the political left is defined as the desire for the economy to be run by a cooperative collective agency, which can mean a sovereign state but also a network of communes , while the political right is defined as the desire for the ...
An economic group diagram in which right-libertarianism falls within libertarian capitalism as right-libertarians oppose state capitalism, supporting instead laissez-faire economics within capitalism People described as being left-libertarian or right-libertarian generally tend to call themselves simply libertarians and refer to their ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions.
Right-wing politics is the range of political ideologies that view certain social orders and hierarchies as inevitable, natural, normal, or desirable, [1] [2] [3] typically supporting this position based on natural law, economics, authority, property, religion, or tradition.
Proponents of horseshoe theory argue that the far-left and the far-right are closer to each other than either is to the political center. In popular discourse, the horseshoe theory asserts that advocates of the far-left and the far-right, rather than being at opposite and opposing ends of a linear continuum of the political spectrum, closely resemble each other, analogous to the way that the ...
In Quadragesimo anno, Pope Pius XI provided the classical statement of the principle: "Just as it is gravely wrong to take from individuals what they can accomplish by their own initiative and industry and give it to the community, so also it is an injustice and at the same time a grave evil and disturbance of right order to assign to a greater ...