Authoritarian capitalism, or illiberal capitalism, is an economic system in which a liberal capitalist market economy exists alongside an authoritarian government. It overlaps significantly with state capitalism, a system in which the state undertakes commercial activities.
Authoritarian capitalism, or illiberal capitalism, is an economic system in which a liberal capitalist market economy exists alongside an authoritarian government. It overlaps significantly with state capitalism, a system in which the state undertakes commercial activities.
Source: Wikipedia "Authoritarian capitalism" · CC BY-SA 4.0
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