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Neo-conservatism is still based in conservatism. The tenants of conservatism are a class based society, tradition, government intervention in the economy, and elitism. True conservatism is like the old English birthright system; you are born into a social class and there you should remain - Libertarian tenants of equality of opportunity and meritocracy do not exist in conservatism.
Neocons add in religious fervor but still based many of their beliefs on tradition and social classes as the basis of society. Women's place is in the home, it's OK for a government to intrude into private life if the cause is "moral" (according to them), and government intervention in the economy is welcomed as a true free market is too unruly for conservatives. Neocons resemble the Puritans in many ways - they want freedom as long as they get to define what freedom means.
Because it isn't really conservative.