The Republican Party in the Trump era remained a mostly pro-business party in its policies but its constituencies and rhetoric have tilted more working class and populist, with many Romney Republicans drifting into the Democratic coalition.much of corporate America has swung culturally into liberalism’s camp. That has been changing in the 21st century, as much of Big Business has moved left. Historically the party always had strong bases in the local business community, as well as the national Big Business corporations that emerged in the Gilded Age after the Civil War.
To this end, they advocate in favor of laissez-faire economics, limited government, free markets, tax cuts, reduced government spending, privatization, and the reduction of government run welfare programs in favor of private sector nonprofits and encouraging personal responsibility.
Republicans strongly believe that free markets and individual achievement are the primary factors behind economic prosperity. The Republican Party since the 1920s has adhered to an ideology of fiscal conservatism. 2.1 Abortion and embryonic stem cell research.