This document defines and describes various concepts in political philosophy including liberalism, conservatism, socialism, nationalism, communism, fascism, and political parties. Liberalism supports more governmental involvement for change and improvement while preserving freedom. Conservatism supports tradition and moderation in change. Socialism advocates governmental ownership of production and direction of the economy. Nationalism promotes the interests of a nation. Communism is based on Marxist teachings of collective ownership and a planned economy. Fascism stresses that all values arise from the state against which individuals have no rights.