Horseshoe theory is the idea that the far left and far right are in fact very similar to one another.
This is born of an incorrect interpretation of the left-right spectrum. Most people assume that Communism / Anarchy is “far left” and Fascism / Nazism is “far right”. This is wrong. In reality, Communism and Nazism are both far left; Nazis are simply “less” far left than Communists.
An accurate political spectrum would put Communism on the far left and laissez-faire Capitalism (or possibly ‘true anarchy’) on the far fight. This creates a scale with absolute authoritarianism on the left extreme and complete, unrestricted freedom on the right extreme.
Note that this is not a moral judgement system as critics often claim; it does not make all bad things automatically “left wing”. After all, a totally free system would allow companies to sell poison as a health product, which most people would not support. Rather, it frames the extremes in a meaningful way; the extreme left has no individual rights or freedoms; the extreme right has no collective responsibilities or protections.
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