to legalize marijuana and citizens who endorse free market and capitalism . South Korea In South Korea, the South Korean New Right movement is a Korean attempt at neoconservative politics. The Lee Myung-bak government led by President Lee Myung-bak and the conservative Grand National Party is noted for being a benefactor of the domestic New Right movement. United Kingdom In the United Kingdom, the term New Right more specifically refers to a strand of Conservatism that Margaret Thatcher and Ronald Reagan influenced. Thatcher's style of New Right ideology, known as Thatcherism, was heavily influenced by the work of Friedrich Hayek (in particular the book The Road to Serfdom). They were ideologically committed to economic liberalism as well as being socially conservative. United States In the United States, New Right refers to two historically distinct conservative political movements. These American New Rights are distinct from and opposed to the more moderate tradition of the so-called Rockefeller Republicans. The New Right also differs from the Old Right (1933–55) on issues concerning foreign policy with neoconservatives being opposed to the non-interventionism of the Old Right. First New Right The first New Right (1955–64) was centered on the right-wing libertarians, traditionalists, and anti-communists at William F. Buckley's National Review. Sociologists and journalists had used new right since the 1950s; it was first used as self-identification in 1962 by the student activist group Young Americans for Freedom. The first New Right embraced what it called "fusionism" (an ostensible synthesis of classical liberal economics, traditional social values, and anti-communism) and coalesced in the years preceding the 1964 presidential campaign of Barry Goldwater. The Goldwater campaign, which failed to unseat incumbent President Lyndon B. Johnson, hastened the formation of a new political movement. First New Right figures: William F. Buckley Jr., editor of National Review James Burnham, anti-communist political theorist M. Stanton Evans, journalist and author of Young Americans for Freedom's Sharon Statement Barry Goldwater, U.S. Senator from Arizona and Republican U.S. presidential candidate Frank Meyer, anti-communist libertarian and creator of the "fusionist" political theory Second New Right The second New Right (1964 to present) was formed in the wake of the Goldwater campaign and had a more populist tone than the first New Right. The second New Right tended to focus on wedge issues (such as abortion) and was often linked with the Religious Right. The second New Right formed a policy approach and electoral apparatus