Founded as part of a peasants' movement against the landed aristocracy, today it espouses an economically liberal, pro-free-market ideology.

Following the resignation of Jakob Ellemann-Jensen, the party is led by Troels Lund Poulsen who serves as the country's Deputy Prime Minister.

In 1984 Uffe Ellemann-Jensen was elected chairman, and by profiling the liberal ideology in sharp confrontation to the Social Democrats, for example by campaigning for a reduction of the public sector, increasing market management and privatisation, and by being pro-EU, the party returned to its historical position as the biggest liberal party in the 1990s.

[17] In the 2011 general elections, the party gained 26.7% of the vote and 47 seats, but was not able to form a government, instead leading the opposition against Prime Minister Helle Thorning-Schmidt's Social Democratic coalition.

[18] During the campaign of the 2019 general elections, Løkke Rasmussen published an autobiography, in which he opened up for the possibility of forming a government with the Social Democrats.

[19] This was seen as controversial in the liberal "blue bloc", and Social Democratic leader Mette Frederiksen immediately declined the proposition.

This tax stop has been under heavy fire from the parties on the left bloc of Danish politics, allegedly for being "asocial" and "only for the rich.

Their opponents, Højre (Right), the forerunner of the present-day Conservative People's Party, advocated for established interests, particularly the Church of Denmark and the landed gentry.

[48][49][50][51] In the European Committee of the Regions, Venstre sits in the Renew Europe CoR group, with three full and two alternate members for the 2020–2025 mandate.