Free Economy Party (Gylias)

Free Economy Party
Founded	1969
Ideology	Economic liberalism
Political position	Right-wing Historical: Centre-right (1969–1989)
National affiliation	Union for Freedom and Prosperity Historical: National Bloc (1969–1989)
Colours	Blue
Website
http://www.fep.gls/
Politics of Gylias Political parties Elections

The Free Economy Party (French reformed: Parti pour l'économie libre), abbreviated FEP (PEL), is a Gylian political party, part of the Union for Freedom and Prosperity bloc.

History

The Free Economy Party was founded in 1969, after the "constructive"–"recalcitrant" battle within Gylian conservatism ended with a "constructive" victory and the destruction of the Conservative Coalition.

It formed an alignment with several new centre-right parties that were established in the wake of the Civic National Party, which became the National Bloc.

Initially, the party was mildly economically liberal, supporting a greater role for markets and a social market economy based on cooperatives. However, during the wretched decade, it increasingly hardened its stance and moved towards right-wing populists, creating a rift with the traditional Hannaist parties of the NB. Lea Kersed's death and the dérive au droite exposed these tensions, and the party split from the NB in 1989 to establish the Union for Freedom and Prosperity.

The party suffered at the 1990 federal election due to fallout from the dérive au droite and neoliberal conspiracy, and has since remained a marginal presence in Gylian politics.

Ideology

The FEP represents the economically liberal formation of the UFP.

Symbols

The FEP uses a dark shade of blue as its official colour.