The United States is a multiparty political system, with the political arena being dominated by the two party systems for years. The Democratic and Republicans constitute the major parties, while the Constitution, Green and Libertarian constitute the smaller third parties. The Republican Party represents a conservative and economically libertarian. They emphasize corporate and personal decision making in fostering economic prosperity to favor free-market policies supporting business, economic liberalism with limited regulation.
They are opposed by labor unions and have supported various legislation on the state and federal levels, including right to work. Republicans oppose increases in the minimum wage, believing that the minimum wage increases unemployment and discourages business. Their social policies are strong which support welfare measures and oppose racial quotas, same sex marriages and favor faith based initiatives. They tend to support creationism, intelligent design and scientific research.
On the international front the party supports neoconservative policies with regard to the War on Terror, and attempts to spread democracy in the Middle East and around the world. The Democratic Party has a liberal position for farmers, laborers, labor unions, religious and ethnic minorities for their civil liberties, social freedoms. Democrats increasingly call for responsible tax policies and government spending that keeps the budget deficit under control. They support preservation of endangered lands and species, clean land management and regulation on pollutants with global warming as one of its prime area of concern.
They press on affordable and quality health care and expansion of health insurance coverage. It has voiced overwhelming support for the stem cell research with federal funding. It has unclear voice on the subject of same-sex marriage, with only certain sections favoring. It has a mixed record on matters of international trade with more conservative and moderate Democrats favor free trade agreements while the left, populists, and unions often oppose them. Modern Democrats favor liberalism, neoliberalism than realism and neorealism in the party.
Reference 1. Nash, Howard P. , Jr. ; M. B. Schnapper (1959). Third Parties in American Politics.