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Authoritarian capitalism

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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. However, it is distinct in its combination of private property and the functioning of market forces with restrictions on dissent, a complete lack of freedom of speech or significant limits on it, and either an electoral system with a single dominant political party or a lack of elections.