In American politics, fusionism is the philosophical and political combination or "fusion" of traditionalist and social conservatism with political and economic right-libertarianism. Fusionism combines "free markets, social conservatism, and a hawkish foreign policy". The philosophy is most closely associated with Frank Meyer.
The philosophy of "fusionism" was developed at National Review magazine during the 1950s under the editorship of William F. Buckley, Jr. and is most identified with his associate editor Frank Meyer. As Buckley recounted the founding, he "brokered" between "an extraordinary mix" of libertarians, traditional conservatives, anti-communists and even an anarchist to produce the ideas and writings that produced modern conservatism. He identified Meyer's synthesis as the most likely best solution of defining conservatism.
In his most influential book, In Defense of Freedom, Meyer defined freedom in what Isaiah Berlin would label "negative" terms as the minimization of the use of coercion by the state in its essential role of preventing one person's freedom from intruding upon another's. The state should protect freedom but otherwise leave virtue to individuals. The state has only three legitimate functions – police, military and operating a legal system, all necessary to control coercion, which is immoral if not restricted. Virtue is critical for society and freedom must be balanced by responsibility but both are inherently individual in form. Coerced values cannot be virtuous. Freedom by itself has no goal, no intrinsic end. Freedom is not abstract or utopian as with the utilitarians, who also make freedom an end rather than a means. In a real society traditional order and freedom can only exist together. The solution is a philosophical synthesis of both freedom and tradition, the solution to the dilemma is "grasping it by both horns" and accepting the tension between the two.
Fusionism's most famous advocate was Ronald Reagan as an early admirer of National Review and associate of both editors.
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Traditionalist conservatism, often known as classical conservatism, is a political and social philosophy that emphasizes the importance of transcendent moral principles, manifested through certain natural laws to which society should adhere prudently. Traditionalist conservatism is based on Edmund Burke's political views. Traditionalists value social ties and the preservation of ancestral institutions above excessive individualism. The concepts of custom, convention, and tradition are heavily emphasized in traditionalist conservatism.
Right-libertarianism, also known as libertarian capitalism or right-wing libertarianism, is a libertarian political philosophy that supports capitalist property rights and defends market distribution of natural resources and private property. The term right-libertarianism is used to distinguish this class of views on the nature of property and capital from left-libertarianism, a type of libertarianism that combines self-ownership with an egalitarian approach to natural resources.
Paleoconservatism is a political philosophy and strain of conservatism in the United States stressing American nationalism, Christian ethics, regionalism, and traditionalist conservatism. Paleoconservatism's concerns overlap with those of the Old Right that opposed the New Deal in the 1930s and 1940s as well as with paleolibertarianism and right-wing populism. The terms neoconservative and paleoconservative were coined following the outbreak of the Vietnam War and a divide in American conservatism between the interventionists and the isolationists.