Conservative Capitalist Party (Arabi)
Conservative Capitalist Party | |
|---|---|
| Abbreviation | CCP |
| Leader | Kermit Keller Bailey Boyle |
| Founded | July 31, 1897 |
| Dissolved | February 10, 2005 |
| Preceded by | Federal Party |
| Succeeded by | Conservative Socialist Party |
| Ideology | Democratic capitalism Laissez-faire Conservatism |
| Political position | Right-wing to far-right |
| Colors | Red |
The Conservative Capitalist Party, also known as CCP, was an Arabinian political party founded by Kermit Keller and Bailey Boyle in the late 1890s. The party championed capitalism and republicanism, a laissez-faire economic system, and conservatism.
The party collapsed after it was discovered that former president Jonathan Clark was using the party as a piggy bank to line his pockets with millions of dollars of donations from foreign governments. There were other leaders within the party who were discovered to be covering up Clark's crimes. After the scandal broke, immediately the party split into two major factions, the conservative capitalists and conservative socialists. Clark was never charged with any crimes, his associates, however, were charged with multiple charges of corruption, tax fraud, and making false statements to Congress.
Nine months after the collapse of the party, the Conservative Socialist Party was formed which still currently exists today. A majority of political leaders joined the new party, while others joined the Liberal Socialist Party.