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Authoritarian capitalism, [1] or illiberal capitalism, [2] is an economic system in which a capitalist market economy exists alongside an authoritarian government.Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent ...
Britannica and various authors noted that the policies of Vladimir Lenin, the first leader of the Soviet Union, contributed to the establishment of a totalitarian system in the USSR, [3] [7] but while some authors, such as Leszek Kolakowski, believed Stalinist totalitarianism to be a continuation of Leninism [7] and directly called Lenin's ...
This kleptocratic financial system flourishes in the United States by illegally abusing the United States' liberal economic structure for two reasons. First, the United States does not have a beneficial ownership registry, and kleptocrats take advantage of this privacy benefit.
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
These oppressive measures led to another reinterpretation of the dictatorship of the proletariat and socialism in general; it was now defined as a purely economic system. [22] Slogans and theoretical works about democratic mass participation and collective decision-making were now replaced with texts which supported authoritarian management. [22]
A dictatorship is an autocratic form of government which is characterized by a leader, or a group of leaders, who hold governmental powers with few to no limitations. Politics in a dictatorship are controlled by a dictator, and they are facilitated through an inner circle of elites that includes advisers, generals, and other high-ranking ...
Totalitarianism is a political system and a form of government that prohibits opposition from political parties, disregards and outlaws the political claims of individual and group opposition to the state, and completely controls the public sphere and the private sphere of society.
The Maoist economic model of China was designed after the Stalinist principles of a centrally administrated command economy based on the Soviet model. [204] In the common program set up by the Chinese People's Political Consultative Conference in 1949, in effect the country's interim constitution, state capitalism meant an economic system of ...