ABSTRACT
This chapter follows Horowitz' formulation of High Toryism as combining traditionalism and radicalism in this way. It examines the dual emphases in the work of Eugene Forsey. Capitalism, like any economic system, provides an answer to the questions of what goods and services the community should produce and for what purposes they shall be used. A capitalist society makes the decisions on the basis of an unconscious “pricing mechanism,” that is, supply and demand. A capitalist economic system forces individuals and firms to follow the money demand and artificially create a scarcity of goods, which can increase prices and unemployment. Man's rationality and sociality are related, and each contributes to the fundamental point that freedom requires more than the absence of government intervention. Classical liberalism is another leading conservative option with global appeal. It is characterized by an emphasis on individual rights and liberties, particularly those pertaining to property.
