Authoritarian Capitalism Essay

Authoritarian Capitalism Essay

Length: 1410 words (4 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

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 com...

... middle of paper ...

...acy. New Left Review 103. 3-41.
PDF. 11 Jan. 2014.
Schlesinger, Jr., Arthur M., 2004, War and the American Presidency, New York: Norton. 11 Jan. 2014.

Shirk, Susan L. The Political Logic of Economic Reform in China. University of California, Berkeley
and Los Angeles. 1993 . PDF. 13 January 2014.

Brooks, Karen M. 1988. The Law on Cooperatives, Retail Food Prices, and the Farm Financial Crisis
in the U.S.S.R. University of Minnesota. Department of Agricultural and Applied Economics. PDF. 14 Jan. 2014.

, Aslund, Anders. "Is Authoritarian Capitalism Sustainable?" Diplomaatia, Mar. 2008.
Web. 13 Jan. 2014.

History of Presidential Elections in Russia: Infographics. RIAN. 9 March. 2012. Web. 12 Jan. 2014.

Carroll, Joe (2013-03-05). "Russia’s Oil Lead Challenged as Taxes Strangle Drilling". Bloomberg. 5
March 2013. Web. 14 Jan. 2014.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Capitalism: The Right Path for the Socioeconomic Growth of Every Society

- The economy of the United States of America is a capitalist economy. It is a place where entrepreneurs and business-people alike can not only strive, but also make their dreams come true. Capitalism, in some detail, is a free market system, where the goods of the society are not owned by the governmental body, but by the businesses, and people; the prices of this system are in turn determined by supply and demand, rather than set by a ruling power (Merriam-Webster). Unfortunately, like most things that govern us, it has its opposites....   [tags: Economics]

Powerful Essays
921 words (2.6 pages)

American Capitalism Essay

- 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 forces would exploit on America's lack of equanimity, or said forces would contribute to an international depression as a result of a chain reaction set by the collapse of an important economic state....   [tags: Government]

Powerful Essays
2299 words (6.6 pages)

How Fascism Is Defined As An Authoritarian And Nationalistic Right Wing System Of Government And Social Organization

- Fascism is defined as, “an authoritarian and nationalistic right-wing system of government and social organization.” Peter Hyland reports that throughout the 1920s and the 1930s, an economic depression was growing and becoming widespread throughout the world. People were losing faith in their democracies and in capitalism. Leaders who gained power supported powerful militarism, nationalism, and initiated the return of an authoritarian rule. J.R. Oppenheimer says that the rise of fascism and totalitarianism in Europe and Russia instigated a “critical step on the path to war.” In 1922, Benito Mussolini held leadership in Italy, promising a proficient and militaristic nationalistic state....   [tags: Fascism, Adolf Hitler, Nazi Germany, Nazism]

Powerful Essays
1589 words (4.5 pages)

Capitalism and the Joy of Working Essay

- Enjoyment of work and creativity is more important to most people than higher pay. Employers cant pay to get more creativity because it is not just about the money. Something meaningful and challenging is generally more important for new workers coming into the workforce. No more is it the hope of reaching fame or making money that drives the workforce. It’s the opportunity to do the work that is enjoyed. Mihaly Csikszentmihalyi, a psychologist at the University of Chicago and author of Finding Flow: The Psychology of Engagement With Everyday Life, has found through his research that for some people, paying them to do things they enjoy actually reduces their interest in doing those thin...   [tags: essays research papers]

Free Essays
1480 words (4.2 pages)

Marxism And The On Today 's Political Life Essays

- In this essay I am going to discuss whether or not Marxism and Fascism are still relevant to today 's political life. Marxism is, (according to American Heritage dictionary of the English language) The political and economic philosophy of Karl Marx and Friedrich Engels which believes the idea of class struggle has an essential role in understanding society 's (allegedly) inevitable development from bourgeois oppression under capitalism to a socialist and completely classless society. Fascism according to the Oxford dictionary is, an authoritarian and nationalistic right-wing system of government and social organization....   [tags: Capitalism, Communism, Socialism, Marxism]

Powerful Essays
1641 words (4.7 pages)

Karl Marx On Socio Economic Conditions Essay

- Karl Marx believed that there were different categories of socio-economic conditions that correlate with historical periods of time. Each category has its own level of alienation because their means of production were different. The workers worked differently under each of the socio-economic conditions. In addition, each category is a level closer to what Marx called “true communism,” which is the ultimate goal that can be reached for mankind. The first socio-economic society was what Marx referred to as a tribal society....   [tags: Capitalism, Karl Marx, Feudalism, Communism]

Powerful Essays
1141 words (3.3 pages)

Essay on Role of Ideology in Mass Political Movements of the 20th Century

- An ideology is a cluster of ideas, about life, society, or government, which originates in most cases as consciously advocated or dogmatically asserted social, political, or religious slogans or battle crises and which through continuous usage and preachment gradually become the characteristic belief or dogmas of a particular group, party or nationality. The term ideology was apparently coined only about a century and a half ago. The main issues that divide nations and people are basically ideological in nature and that; conflicting ideologies are a major cause of war....   [tags: ideologies, imperialism, capitalism]

Powerful Essays
1263 words (3.6 pages)

China 's Approach For Internet Governance Essay

- Throughout the more recent years of post-Maoist China, the state has had to reshape its policies and behaviors in a globalized China. Throughout this unit we have discussed China’s approach to Internet governance, its approach to large political crises such as Tiananmen Square, as well as the overall mismatched governance system seen through China. Through this piece, the characteristics, response of the government and the overall result of these actions with the focus aimed towards Internet governance and the mismatched governance system China employs....   [tags: Communism, Democracy, Marxism, Capitalism]

Powerful Essays
707 words (2 pages)

Analysis of An Authoritarian Personality Essay

- In a seminal work, Adorno, Frenkel-Brunswik, Levinson, and Sanford (1950) coined the term authoritarian personality and stated that it was characterised by strong adherence to externally imposed conventional norms, as well as submission or obedience to the authorities that promote those norms. According to Adorno and colleagues, these behaviours are attempts to deal with various personal insecurities. Specifically, authoritar- ian individuals displace their own anxieties onto weak minority groups in their culture (e.g., ethnic and/or religious minorities) or onto people who deviate from social norms (e.g., homosexuals)....   [tags: authoritarian, authoritarianism, conservatism]

Powerful Essays
1404 words (4 pages)

Capitalism And Socialism : A Capitalist Economy Essays

- All for one or one for all. That is the question that’s really being asked when comparing capitalism and socialism. In a capitalist economy, such as America, the money earned by an individual is for said individual and belongs to them. However, in a socialist economy, such as Italy, the money earned by a person is for the country and is redistributed among the people equally. One major difference is the role that the government plays in each economy. Capitalism and Socialism are practically opposites and the way their governments work are pretty much opposite of each other as well....   [tags: Socialism, Capitalism, Communism, Marxism]

Powerful Essays
2416 words (6.9 pages)