Authoritarian Capitalism Essay

1854 words - 7 pages

It a commonly held belief from developed nations that a democratic system is the best way to function as a country and maintain an economy. However, Democracy is not unanimously the best system of government for every nation. As political scientist Samuel P. Huntington observed, democracy has not always been the go-to governmental systemi. Not only can an authoritarian system maintain high economic growth, but also outperform its democratic counterparts. With reference to the growth patterns that developing nations tend to follow before democratization, use of an authoritarian capitalism system has seen a reviving trend, specifically in China. The authoritarian model has clear benefits over their democratic counterparts, as seen through the revival of the authoritarian model and its combination with capitalism such as in the case of China and Russia under Putin, supporting the higher growth rates of authoritarian nations as compared to democratic counterparts.
For nations such as China, what is seen throughout history is the basis of government right before authoritarian rule, or even during, is communism. While this is not true Marxist Communism as it halts development at the dictatorial stage, it is also one of the proven effective methods of implementing authoritarian rule and thusly pushing the nation in a forward direction rapidly. Authoritarian capitalism is currently in the Third Wave (as stated by Samuel P. Huntington) of authoritarian regimes. To avoid a long description of his theory, Huntington categorized modern history as a sinusoidal wave pattern of totalitarian regimes coming to power , . What this power structure does is establish a clear regime with the figurehead at the obvious height of power, but also combines it with the highly effective economic system known as Capitalism. Total control, in both government and economy, allows that nation to pin point focus to industries or sectors that it can specialize in. China, a paradigm of this path, has moved to a majority of sectors as a manufacturer. Currently, it is the world largest exporter and 2nd largest importer . What this shift in economic focus does for the nations, in this case China, is allow an almost uncheckable growth in terms of GDP. According to global economy analysts, China is predicated to surpassed or match the United States in terms of Gross Domestic Product (GDP) by 2030 . Even with that being substantially farther into the future than now, China still holds a valuable key to economic success. What it has done is claim a huge swath of the United States debt, surpassing Japan (who holds $1.1 trillion) as the largest holder of the debt . By harnessing a democratically shared principle, the sharing of responsibility, China has positioned itself in a luxuriously predictable future. Conflict against China, whether initiated or not, forces the United States to avoid military confrontation, for fear of war destroying both nations from the bank down. While GDP is...

Find Another Essay On Authoritarian Capitalism

Liberal Equality Essay

2249 words - 9 pages Throughout the ages, the principles of equality and liberty have been a subject of great disputes. Liberal minimalism [1] holds a distinct outlook in the explicit implications of these expressions. For a minimalist democracy must strive to primary reduce control of authoritarian power through restraining most if not all constraints to the individual, allowing them to dictate their own lives by implementing a representative government. In

Karl Marx And The Communist Manifesto

1026 words - 4 pages his writings on this question.[iii] An authoritarian Communist state in Russia permanently split the movement. In disassociating themselves from dictatorial Russian Communism, many of the democratic socialist parties also moved slowly away from Marxist theory. Communists, however, regarded Marxism as their official doctrine, and it is chiefly under their protection that it spread through the world, although its concepts of class

Democracy in Russia and China

1404 words - 6 pages in class, there is some evidence that economic freedom and democracy go together. This makes sense when we consider the market as an ally of open politics. An autonomous economic activity works as a bulwark against despotism. This perspective is consistent with the notion that both capitalism and democracy are based on free choice and that capitalism separates economic power from political power and thereby enables the two to balance each other

American Capitalism

2383 words - 10 pages Although it holds true that the United States is a global power, the current economic system, capitalism, threatens the state's domestic and global stability; the concept of materialistic success creates inequalities between citizens, which, in turn, leads to deviance and rebellion, and the possibility of a fallen capitalistic society. If the United States were to struggle internally, one of two things would happen: all industrialized external

Globalization and democracy: is it really that bad?

1605 words - 6 pages ' sovereignty. More succinctly: Political sovereignty is threatened by global organizations that regulate worldwide trade.Ultimately the critic's argument is based upon the perception that free trade is capitalism run amok. It invites developing nations into its circle of commerce only to exploit that nation by imposing heavy tariffs upon its exports and limiting its production by imposing unrealistic environmental standards. Moreover, critics see

Influence of Russian Revolution on Western Civilization

1437 words - 6 pages On the edge of XIX-XX centuries the capitalism of the free competition had turned into imperialism – monopolitical capitalism (Hobsbawm, 1995, p.). The growing social production and private capitalist appropriation of it, labour of ones and profit of others were the main processes owing to the aggravation of working class and bourgeoisie. The political parties of social army had started to form. In many countries of Western Europe, the socialist

Democratization Theories Developed by Moore, Rueschemeyer, and Collier

1423 words - 6 pages of democratization and finds that there are three routes to democracy. One, the Puritan, French, the United States Revolutions, which are all examples of democratic capitalism, was a result of the bourgeoisie revolution. Two, reactionary capitalism, for example industry growth in Germany and Japan, produced fascism. Three, the peasant origins stemmed from communism in Russia and China. European medieval society's feudal beliefs influenced

Ideologies in world

1046 words - 5 pages . Then, it impacts the authoritarian of leader in leadership which focus on its own need, not the citizens. Communism Manifest der Kommunistischenyang, written by Karl Marx and Friedrich Engels was the root of communism as an ideology. Communism was also called as Marxism. The birth of this ideology was as a correction to capitalism and liberalism ideology in the beginning of 19th century. As anti-capitalism, communism used the socialism system in

Communism, Capitalism and Socialism

7010 words - 28 pages liberal democracies and most authoritarian systems) in the world use capitalism as their dominant economic system, including the United States, Canada and Mexico, all of the 27 countries of the European Union (Ireland, UK, France, Portugal, Spain, Belgium, The Netherlands, Louxembourg, Germany, Italy, Sweden, Finland, Denmark, Malta, Cyprus, Austria, The Czech Republic, Slovakia, Poland, Hungary, Slovenia, Romania, Bulgaria, Latvia, Lithuania

Defining “Autonomism”: Theoretical Explorations, Practical Applications, & Escaping from Capitalism

1083 words - 5 pages govern one’s self is viewed through the lens of collectivism and not individualism as it deals with existence inside civilization but under collective self-government. They are linked through their left wing politics and anti-authoritarian nature, as well as being strong advocates and/or participants of prefigurative practice that is autonomous from systems of power or centralized organizational structures. “In contrast to the centralized

The aftermath of Socialism in Eastern Europe

2354 words - 10 pages society and daily life. Many Eastern European countries have been transformed into market economies and liberal democracies. They have been assimilated into NATO and the European Union. However, both the economy and the political transformations have been radical. This is because the changeover from socialism to capitalism in most Eastern European countries was without precedent (Swain, 2011). The reworking the discourses and concepts used to make

Similar Essays

Authoritarianism: Until The Resources Dry Out

1178 words - 5 pages History has known far more authoritarian regimes than any other form of government. Authoritarianism is a form of non-democratic rule defined by state power being centralized in a single person or a small group of people. Unlike democracies, these individuals in power are not dependent on the people for power. Thus, under authoritarianism, state leaders have little accountability to the public and there is little individual freedom

Democracies And Their Tendency To Be More Peaceful Than Authoritarian States

1655 words - 7 pages Democracies And Their Tendency to be More Peaceful Than Authoritarian States To answer this question we first need to define and contrast the two different types of state. An authoritarian state is one that enforces a policy of strict obedience, compliance and may use tyrannical and domineering measures to obtain this. A vote system may be in operation but any dissenting section of the population may come under threat

Why Did Liberalism Exercise So Little Influence In Russia In The Period 1856 To 1956?

999 words - 4 pages There are three main reasons why Liberalism did not take root in the period. Firstly the nature of Russia itself was unsuited to Liberalism's development. Secondly war often caused extremes that Liberal government wasn't capable of handling and lastly the personalities that ruled and had major influence in Russia chose an authoritarian route.Due to the way Russia was and is to this day, to rule Russia efficiently seems to require authoritarian

Prejudice & Discrimination: The Origins Essay

904 words - 4 pages Prejudice and discrimination are two values, which play a significant role in modern life. Between a psychological and sociological view there are 6 theories as to the cause of prejudice and discrimination. The purpose of this essay is to express my belief that all six of these theories best explain the origins of prejudice and discrimination because all six correlate with one another.The psychological theories, which are authoritarian