THE ECONOMIC PRINCIPLES OF THE UCP
Since our independence, we have experimented with socialism, with its positive effects such as mass education and accessible healthcare, but also its negative effects, such as the absence of a private industrial base and dependence on welfare.
Classical liberalism did not fare well for us in the late 1980s, as it gave rise to a profit-driven merchant class without conscience.
The 2000s were not a resounding success, despite unprecedented oil revenues in Algeria’s history. This period saw the emergence of a corrupt new class that marginalized the middle class, which should have combined comfortable income with high intellectual standards.
The choice of social liberalism is evident to any enlightened observer of Algerian life. We have a natural inclination for mutual aid and solidarity, which must be cultivated at the highest level of the state. At the same time, we must create favorable conditions for private entrepreneurs, who represent the only sustainable source of wealth for Algeria.
Nothing is possible without freedom. For us, freedom is the power to act, to act together and individually for the good of the Algerian nation. Freedom is manifested through fair and balanced competition, leading to social justice that allows each individual to freely express their capabilities.
Decentralization and local management of resources are at the heart of our ethics. Human beings and power must coexist daily through state institutions that serve citizens and the community.
The UCP does not worship absolute truth embodied in ideology. The choice of social liberalism is a deliberate orientation because, at our current stage of development, it is the best choice for building a socio-economic foundation that can foster a middle class with comfortable incomes, and nurture a cultural and intellectual life based on constructive debate. Progress is not a matter of mechanical combinations but rather the liberation of vibrant energy.