Fyodorov advocated for the mass creation of joint stock companies to guarantee workers a share of profits and allow them to actively participate in management of their companies. He dubbed this concept "democratic capitalism" or "popular socialism". He had advocated such a policy since as early as 1991. Fyodorov advocated for economic freedom, simple and moderate taxation, stimulation of production, and a ban on exports of most raw materials. Fyodorov promised that his policies would double the nation's GDP within five years. Fyodorov proclaimed to draw inspiration in his politics from both Ross Perot and Deng Xiaoping.