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I've heard this case before and I think it's basically correct. Conservatism is kind of an umbrella for everything that's pushing back against change. Principles usually require one to push for specific changes.
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Who has principles?
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Very few people
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I'm not sure it's that either the left or the right lack principles. I think it's that modern social media makes it so that any principled movement is too easily hijacked by click baiters and rage farmers.
Politics is downstream of technology, too.