Exemptionism

Exemptionism (Ros. Esenzionismo) is an economic orientation that emphasizes a restraint from interventionism in an effort to create economic growth, by making companies exempt from certain regulations and lowering taxation. In the context of Rossan politics, it is a worldview characterized by the belief that the Government of La Rossa has, in a hands-on approach, distorted the market, reduced efficiency and created undeserved beneficiaries to the system. Although it has in recent years mostly been associated with conservative politics, aspects of it could also be seen in some Laborist administrations, with an occasional turn towards market-oriented solutions rather than government-run programs.

Though exemptionism may exist in several forms, it usually tends to be opposed to entrenched interests, especially the old nobility of the island, the Six Families. The attempt to establish a dictatorship made by Vincenzo Barozzo marked a renewed solid turn against them that has persisted for octades since, even among conservatives. The prior doctrine of mercantilism among the conservative movement, which prioritized exports through industrial policy that gave government-backing to domestic, usually Family-owned businesses, has been replaced with attempts to give a more meritocratic rise to a new sphere of entrepreneurs not born from old wealth. Exemptionism, especially in its conservative forms, has however been critized for only moving wealth around from established dynasties to new money, without addressing the power that is held by such elites.