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The Liberty Korea Party (자유한국당, Jayuhangukdang) was a right-wing to far-right[note 1][note 2] party in the Republic of Korea that advocated for a military dictatorship, hatred against non-northeast Asian races[note 3], homophobia, ableism, hatred of minorities, South Korean mainstream conservatism, anti-communism, and McCarthyism, was reactionary, and was pro-chaebol, anti-trade union, social conservative, authoritarian and anti-democratic. The party was affiliated with the International Democrat Union.
On Feb. 17, 2020, the party in question died out through a merger with the Party of New Conservatives and other conservative right-wing parties, which now forms the main opposition (See the United Future Party). Nevertheless, this wiki page does still pretty much apply to the new party.
There are strong anti-minority tendencies, but not many nationalist ones.[note 4] However, LPK is somewhat anti-immigrant and racist. The LKP, in particular, is negative toward foreign workers and is urging them to protect their own workers, but economically, it insists on Trickle down economics.
LPK is somewhat influenced by the U.S. Republican Party and Japanese Liberal Democratic Party, but dislikes Donald Trump because it thinks he's pro-North Korea. The LKP is very strongly opposed to the Sunshine Policy supported by mainstream liberals in South Korea.
LPK is against the enactment of an 'Anti-discrimination law'. (There is no anti-discrimination law in South Korea because of Extrem freedom of speech.)[note 5]
The party takes stances against furthering women's rights and social justice, including abortion and Affirmative Action. Ironically, the 'Women's Violence Prevention Act'(여성폭력방지기본법. 2018), proposed by the Minjoo Party in Congress, was endorsed by many members of the Liberty Korea Party and passed into official law.[note 6]
The party is mainly supported by the middle-aged and elderly; young people hate it.[note 7] The party is basically a bunch of Angry Old Men.
The LPK is classified as a right-wing populist party. Ironically, though, South Korea's alt-right hates it, because while LPK is an oriental traditional conservative party, South Korean alt-righters worship Western culture in an extreme manner, believing that other cultures are inferior. Because South Korean alt-righters treat LPKs like Islam. But South Korean alt-rights think LKP is relatively better than DPK. For your information, both the alt-lite and alt-right in Korea are made up primarily of people in their 20s and 30s. (Of course, this does not mean that the majority of young Koreans belong to this group, but that older conservatives are traditionalists, to the extent that they don't even know what the alt-right is.)
Overall, of course, the LKP is more right-wing extreme the party pursues a similar line to Japan's LDP, but it is considered far-right because South Korean politics are relatively liberal, compared to Japan's. (LDP is not recognized by the majority of Japanese as far-right, and some as right-wing liberal parties.)[note 8]
The Party factions are mainly divided into pro-chaebol 'Neoconservatives' and far-right, populist 'Paleoconservatives'.
The LKP is very hostile to the labor union movement. Despite the EU's threat to impose economic sanctions on South Korea over labor and human rights issues, the LKP claims the liberal government is stalling the economy with pro-union policies. (The Liberty Korea Party has so far defended acts that justify exploitation of workers, including the suppression of all trade unions in Korea and long-term labor and low wages, and also enforced anti-labor and highly authoritarian laws in protest when they were in power).
The majority of LKP politicians are anti-communist, very pro-U.S., and pro-Japan. So there is a tendency to be liberal and collide with Japan's negative Minjoo Party. But a majority of LKP politicians label liberal civic activists who take a similar stance to the American average in political correctness, social justice, and social minority issues "communists."