Puertegan Path to Socialism: Difference between revisions

One of the primary modern-day features of the Puertegan Path to Socialism is what its followers deem a socialist market economy in which the state allows for capitalist institutions to form and exist for a time in order to establish the means of production to seize for a proper socialist government to come about, this is seen in Puertego with the creation of the SIZs and the generous perks given to foreign and domestic investors in the economy such as tax shelters, subsides, and introductory corporate tax rates. The Puertegan government also allowed for limited property rights in the country with it allowing people to rent land from the government in order to establish businesses instead of outright buying it however Puertego also has some of the strongest intellectual property rights in the world enshrined into law.

There has been much criticism of the socialist market economy from all over the political spectrum with many economic leftists claiming that the government is catering too much to foreign corporations and has done little to actually improve the lives of regular Puertegan workers citing low wages and poor working and living conditions as an example of this while economic rightists claim that the Puertegan system is based on corruption and is a massive distortion of the free market due to their perks offered in SIZs almost exclusively benefiting large corporations while leaving many small and medium businesses unable to compete in the market due to the dominance of large companies. However, despite these complaints the Puertegan government has shown little signs that it plans to stop or largely change the direction it is going with its economic policy and seems to be set on doubling down on it instead.