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Capitalism in Varying Political Systems
Examples of Capitalism under Undemocratic Rule
There are numerous historical and modern examples of capitalist economies functioning within undemocratic political frameworks. For instance, capitalism thrived alongside non-democratic rule in recent history in countries such as Chile (1973–1990), Brazil (1964–1985), and pre-1945 Japan. Even in the earliest capitalist nations, democratic rights like widespread suffrage for adults were not granted until the late 19th century. Presently, contemporary China provides a key example of a non-democratic state with its own distinct, state-intervened variant of a capitalist system.
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Examples of Capitalism under Undemocratic Rule
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