I didn't say it was a good idea, I was explaining the mentality behind it.
It's an outset from a group of people that want to be free from govt regulations but also protected from foreign competitors, who they can't directly influence. They don't care about consumers beyond them buying their product at the highest possible margins.
And the Democratic People's Republic of Korea is neither democratic, a republic, or of the people.
People use inaccurate self-descriptions all the time, especially for political good will. If you want to insert quotes around the phrase in your head, go for it.
It's an outset from a group of people that want to be free from govt regulations but also protected from foreign competitors, who they can't directly influence. They don't care about consumers beyond them buying their product at the highest possible margins.