Thanks for that definition Mikk! Lol.!
I must admit I was never quite sure what the left-right thing was all about.

The 'left' certainly sounds like the better group to join by your estimations!

Where does the expression 'loony left' come from then?

Do not be too sure it is a joke, or that it lives only in the past.
In just one lifetime, mine, it has held massive power.
The DLP what a group of rats in the Labor wood shed, held Labor out of office.
But they had help, not only from the Catholic church but rabbits within the ALP who thought communism was an answer.
Some unions still embrace the very left, failing to understand it took guts and real unionism in Poland to bring that castle down.
Some today reaching way back to 40,s 50.s 60s for evidence still claim anyone left of center is socialist, good morning Col.
Joke? trying to prove workers are not evil unions not lefty loonies is my nightmare no joke.
Trying to get defectors from Labor to understand no party ever can please every one, that fragmented votes die, have zero effect is hard left vs right has most impact in the minds of folk who do not truly understand issues.

In my experience left represents so-called democratic i.e. social/economic mess. Right epitomizes the adage "you've got to be cruel to be kind".
Whenever economies go pear-shaped people start to think & the next government is always a conservative one.

Examinator- Indeed I would tell you what's wrong with the definitions but I wouldn't know where to start!
But why the media etc keep sticking to them like glue is beyond me...

mikk: "Very simplified but basically thats how I see it."

You underestimate yourself mikk. I think you pretty well nailed it in under 100 words. Very impressive.

Of course it's a Joke
When the Libs have a policy there's usually a gnat's eye lash between the two parties these days apart from spin and the colour of ink used. Howard differentiated and look what happened!

Both parties are about degree not policy differentiation they're both fight over the middle ground 5-10% (swinging voters) Grasping for power as a primary objective has the same effect regardless of which of the big two parties it is.

But on the level I was addressing, I would suggest it is meaningless as everyone is a mixture of both. To suggest otherwise is IMO not sustainable in fact.

Anyone who is All one way is clearly irrational, a bigot, obsessed with Dogma over real thought.Simply because there are always exceptions and difficult to decides.

In short people are people not boxes.

It is sad that some people choose to rely on A+B=C mentalities.

King Hazza
Sensational (conflict) sells. And they write for the lowest common denominator. Hence I don't read daylies.

StG.
IMO so far you win the prize for best post.