The Republic of Stratton-Oakmont is a massive, socially progressive nation, renowned for its absence of drug laws, complete absence of social welfare, and spontaneously combusting cars. The hard-nosed, hard-working, democratic population of 1.277 billion Stratton-Oakmontians live in a state of perpetual fear, as a complete breakdown of social order has led to the rise of order through biker gangs.

The minute, pro-business government, or what there is of one, juggles the competing demands of Industry, Defense, and Administration. Citizens pay a flat income tax of 4.6%.

The powerhouse Stratton-Oakmontian economy, worth 102 trillion Lyras a year, is driven almost entirely by the private sector, which is broadly diversified and led by the Arms Manufacturing industry, with major contributions from Uranium Mining, Retail, and Soda Sales. Average income is 79,958 Lyras, but there is an enormous disparity between incomes, with the richest 10% of citizens earning 441,629 per year while the poor average 7,309, a ratio of 60.4 to 1.

An online tea-bagging epidemic is getting worse and (meta)worse, a little pushing and pulling is needed for big ships to pass, cooking with water and baking soda is considered patent infringement, and Leader's latest speech included a bizarre reference to MaxWow incontinence pads being 50% more absorbent than the next leading brand. Crime is pervasive, probably because of the absence of a police force. Stratton-Oakmont's national animal is the Maned Wolf, which teeters on the brink of extinction due to widespread deforestation.

Stratton-Oakmont is ranked 131,183^rd in the world and 7,061^st in Lazarus for Largest Pizza Delivery Sector, scoring 1,238.77 on the Pepperoni Propulsion Productivity Index.