We need to define the political spectrum as some seem confused about it.
An extreme left-wing government is a dictatorship or autocratic regime. One where a single person makes all the laws, decides whats good for everyone else and controls every aspect of citizens lives. Stalin and Hilter has extreme left-wing governments. There is little freedom under such regimes which people resent.
An extreme right-wing government is a true democracy. One where the entire population rules and laws are at their minimum. Ancient Athens had an extreme right-wing government. The danger here is the population might get together, vote and go lynch someone without following the rule of law.
Socialism is left-wing. Its about a small group of people (or less) dictating how the population should live their lives using laws and regulations. It is a nanny state. Due to the ideology within socialism they try to make everyone equals using laws, regulations and taxes. Hence freedom is taken away, the economy gets burdened with red tape and the state underachieves.
Conservatism is right-wing. Conservatives want the maximum practical freedom for the population by having the minimum laws and regulations. Its about the state not interferring in peoples lives unless it has too. Due to the ideology within Conservatism people are rewarded for individual ability and excellance through an economic system which allocates the most wealth to them. Hence the people are no longer held back because they can live up to their full potential. The downside (for the bottom at least) is the state stops carrying them.