• disguy_ovahea@lemmy.world
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    7 months ago

    Liberal economic policy means they support high tax socialization. Hitler socialized much of Germany’s industry, and is responsible for the creation of Volkswagen. Conservative economics support low tax socialization.

    As far as weight of social freedom vs. economic support goes, that’s entirely up to the individual. Plenty of people cast their votes with economic priorities- the elderly, Conservatives (not MAGA or far-right), and people on social programs such as Section 8, Medicaid, or SNAP to name a few.

    Capitalism is a form of economy that in no way dictates social legislation. We base social legislation (liberty or restrictions on acceptable behavior) on The Constitution and its Amendments. The policies are independent of one another.

    Read up on the Political Compass if you don’t like the Nolan chart. They accomplish the same goal of identifying independence of social and economic systems in relation to political ideology.

    Economic policy is on a spectrum from liberal (high tax socialization) to conservative (low tax socialization). High taxation with low socialization falls under conservative.

    Social policy is on a spectrum from libertarian (freedom from socially restrictive legislation) to authoritarian (oppressive socially restrictive legislation).

    The use of the term libertarian here is not to be confused with the Libertarian ideology or party, as it’s being used to exclusively define social liberty, and does not include economic policy definition. The same is true of the use of liberal vs Liberal in regards to economic policy.