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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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