The Booty Magnet of Pholidoteuthis is a gargantuan, socially progressive nation, notable for its state-planned economy, absence of drug laws, and punitive income tax rates. The compassionate, democratic population of 41.21 billion Pholidoteuthisians are free to do what they want with their own bodies, and vote for whomever they like in elections; if they go into business, however, they are regulated to within an inch of their lives.

The enormous, liberal, outspoken government juggles the competing demands of Welfare, Social Policy, and Education. The average income tax rate is 56.5%, and even higher for the wealthy.

The enormous but inefficient Pholidoteuthisian economy, worth a remarkable 1,117 trillion booty booties a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. However, for those in the know, there is a slick, highly efficient, highly specialized black market in Book Publishing, Woodchip Exports, Arms Manufacturing, and Door-to-door Insurance Sales. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. Average income is 27,107 booty booties, and distributed extremely evenly, with little difference between the richest and poorest citizens.

A large-scale revitalization of the education system is underway, the government is avowedly atheist, same-sex marriages are increasingly common, and all recreational drugs are legal. Crime is relatively low. Pholidoteuthis's national animal is the booty cow, which frolics freely in the nation's many lush forests.

Pholidoteuthis is ranked 185,215^th in the world and 1^st in World Pirates Alliance for Lowest Crime Rates, with 57.99 law-abiding acts per hour.