Free markets in the context of Coordinated market economy

Conservatism in China (simplified Chinese: 保守主义; traditional Chinese: 保守主義; pinyin: bǎoshǒu zhǔyì) emphasizes authority and meritocracy stemming from Confucian values, and economically, it aims for state capitalism rather than free markets. Many Chinese conservatives reject individualism or classical liberal principles and differ from modern Western conservatism because Chinese conservatism has a strong communitarian element. A major concern of modern Chinese conservatism is the preservation of traditional Chinese culture.

William Graham Sumner (October 30, 1840 – April 12, 1910) was an American clergyman, social scientist, and neoclassical liberal. He taught social sciences at Yale University, where he held the nation's first professorship in sociology and became one of the most influential teachers at any major school.

Sumner wrote extensively on the social sciences, penning numerous books and essays on ethics, American history, economic history, political theory, sociology, and anthropology. He supported laissez-faire economics, free markets, and the gold standard, in addition to coining the term "ethnocentrism" to identify the roots of imperialism, which he strongly opposed. As a spokesman against elitism, he was in favor of the "forgotten man" of the middle class—a term he coined. He had a prolonged influence on American conservatism.

Access to medicines refers to the reasonable ability for people to get needed medicines required to achieve health. Such access is deemed to be part of the right to health as supported by international law since 1946.

The World Health Organization states that essential medicines should be available, of good quality, and accessible. Reasonable access to medicines can be in conflict with intellectual property and free markets. In the developing world people may not get treatment for conditions like HIV/AIDS.

In 1980s and 1990s American politics, "Atari Democrat" referred to Democratic legislators who suggested that the support and development of high tech and related businesses would stimulate the economy and create jobs. The term refers to the Atari brand of video game consoles and arcade machines, which was prominent in the 1980s.

The term was initially used in 1982 for Democratic politicians' focus on investing in high tech industries over sunset industries, primarily Gary Hart, Bill Bradley, Michael Dukakis, Al Gore, Paul Tsongas, and Tim Wirth. The New York Times discussed a generation gap that developed during the 1980s between older liberals who maintained an interest in traditional visions of social liberalism, and the Atari Democrats who attempted to find a middle ground. The Atari Democrats advocated for free markets, neo-liberalism, and for market forces being better able to offer solutions to environmental problems than actual regulations. The older liberals viewed them as advocates for Reaganomics.

This article discusses the domestic policy of the Ronald Reagan administration from 1981 to 1989. Reagan's policies stressed conservative economic values, starting with his implementation of supply-side economic policies, dubbed as "Reaganomics" by both supporters and detractors. His policies also included the largest tax cut in American history as well as increased defense spending as part of his Soviet strategy. However, he significantly raised (non-income) taxes four times due to economic conditions and reforms, but the tax reforms instituted during presidency brought top marginal rates to their lowest levels since 1931, such that by 1988, the top US marginal tax rate was 28%.

Notable events included his firing of nearly 12,000 striking air traffic control workers and appointing the first woman to the Supreme Court bench, Sandra Day O'Connor. He believed in federalism and free markets, passed policies to encourage development of private business, and routinely criticized and defunded the public sector. Despite his support for limited government, he greatly accelerated the nation's war on drugs.