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Authoritarian Capitalism
Authoritarian capitalism, or illiberal capitalism, is an economic system in which a capitalist market economy exists alongside an authoritarian government. Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with repression of dissent, restrictions on freedom of speech and either a lack of elections or an electoral system with a single dominant political party. Countries commonly referred to as being authoritarian capitalist states include China since the economic reforms, Hungary under Viktor Orbán, Russia under Vladimir Putin, Chile under Augusto Pinochet, Singapore under Lee Kuan Yew and Turkey under Recep Tayyip Erdoğan as well as fascist regimes and military dictatorships during the Cold War. Nazi Germany has also been described as authoritarian capitalist, especially for its privatization policy in the 1930s. Politic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic System
An economic system, or economic order, is a system of Production (economics), production, resource allocation and Distribution (economics), distribution of goods and services within a society or a given geographic area. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of Consumer, consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold War
The Cold War is a term commonly used to refer to a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc. The term '' cold war'' is used because there was no large-scale fighting directly between the two superpowers, but they each supported major regional conflicts known as proxy wars. The conflict was based around the ideological and geopolitical struggle for global influence by these two superpowers, following their temporary alliance and victory against Nazi Germany and Imperial Japan in 1945. Aside from the nuclear arsenal development and conventional military deployment, the struggle for dominance was expressed via indirect means such as psychological warfare, propaganda campaigns, espionage, far-reaching embargoes, rivalry at sports events, and technological competitions such as the Space Race. The Western Bloc was led by the United States as well as a number of other First W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axis Powers
The Axis powers, ; it, Potenze dell'Asse ; ja, 枢軸国 ''Sūjikukoku'', group=nb originally called the Rome–Berlin Axis, was a military coalition that initiated World War II and fought against the Allies. Its principal members were Nazi Germany, the Kingdom of Italy, and the Empire of Japan. The Axis were united in their opposition to the Allies, but otherwise lacked comparable coordination and ideological cohesion. The Axis grew out of successive diplomatic efforts by Germany, Italy, and Japan to secure their own specific expansionist interests in the mid-1930s. The first step was the protocol signed by Germany and Italy in October 1936, after which Italian leader Benito Mussolini declared that all other European countries would thereafter rotate on the Rome–Berlin axis, thus creating the term "Axis". The following November saw the ratification of the Anti-Comintern Pact, an anti-communist treaty between Germany and Japan; Italy joined the Pact in 1937, follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalist
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''laissez-faire'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying deg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Action Party
The People's Action Party (abbreviation: PAP) is a major conservative centre-right political party in Singapore and is one of the three contemporary political parties represented in Parliament, alongside the opposition Workers' Party (WP) and Progress Singapore Party (PSP). Initially founded as a traditional centre-left party in 1954, the leftist faction was soon expelled from the party in 1961 by Lee Kuan Yew in the midst of Singapore's merger with Malaysia, desiring to move the party's ideology towards the centre after its first electoral victory in 1959. Beginning in the 1960s, the party henceforth began to move towards the centre-right. Following the 1965 agreement which led to Singapore's expulsion from the Malaysian federation, almost the entire opposition except for the WP boycotted the following elections in 1968 in response to their initial incredulity towards independence, thereafter allowing the PAP the opportunity to exercise exclusivity over its governance of n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Order (Indonesia)
The New Order ( id, Orde Baru, abbreviated ''Orba'') is the term coined by the second Indonesian President Suharto to characterise his administration as he came to power in Transition to the New Order, 1966 until his Fall of Suharto, resignation in 1998. Suharto used this term to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order," or ''Orde Lama''). Immediately following the 30 September Movement, attempted coup in 1965, the political situation was uncertain, Suharto's New Order found much popular support from groups wanting a separation from Indonesia's problems since its independence. The 'generation of 66' (''Angkatan 66'') epitomised talk of a new group of young leaders and new intellectual thought. Following Indonesia's communal and political conflicts, and its economic collapse and social breakdown of the late 1950s through to the mid-1960s, the "New Order" was committed to achieving and maintaining political order, econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suharto
Suharto (; ; 8 June 1921 – 27 January 2008) was an Indonesian army officer and politician, who served as the second and the longest serving president of Indonesia. Widely regarded as a military dictator by international observers, Suharto led Indonesia through a dictatorship for 31 years, from the fall of Sukarno in 1967 until his own resignation in 1998. The legacy of his 31-year rule, and his US$38 billion net worth, is still debated at home and abroad. Suharto was born in the small village of Kemusuk, in the Godean area near the city of Yogyakarta, during the Dutch colonial era. He grew up in humble circumstances. His Javanese Muslim parents divorced not long after his birth, and he lived with foster parents for much of his childhood. During the Japanese occupation era, Suharto served in the Japanese-organized Indonesian security forces. During Indonesia's independence struggle, he joined the newly formed Indonesian Army. There, Suharto rose to the rank of major g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military Dictatorship Of Chile (1973–1990)
An authoritarian military dictatorship ruled Chile for seventeen years, between 11 September 1973 and 11 March 1990. The dictatorship was established after the democratically-elected socialist government of Salvador Allende was overthrown in a coup d'état backed by the United States on 11 September 1973. During this time, the country was ruled by a military junta headed by General Augusto Pinochet. The military used the breakdown of democracy and the economic crisis that took place during Allende's presidency to justify its seizure of power. The dictatorship presented its mission as a "national reconstruction." The coup was the result of multiple forces, including pressure from conservative groups, certain political parties, union strikes and other domestic unrest, as well as international factors. The regime was characterized by the systematic suppression of political parties and the persecution of dissidents to an extent unprecedented in the history of Chile. Overall, the reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jorge Ubico
Jorge Ubico Castañeda (10 November 1878 – 14 June 1946), nicknamed Number Five or also Central America's Napoleon, was a Guatemalan dictator. A general in the Guatemalan army, he was elected to the presidency in 1931, in an election where he was the only candidate. He continued his predecessors' policies of giving massive concessions to the United Fruit Company and wealthy landowners, as well as supporting their harsh labor practices. Ubico has been described as "one of the most oppressive tyrants Guatemala has ever known" who compared himself to Adolf Hitler. He was removed by a pro-democracy uprising in 1944, which led to the ten-year Guatemalan Revolution. Early years Jorge Ubico was the son of Arturo Ubico Urruela, a lawyer and politician of the Guatemalan Liberal Party. Ubico Urruela was a member of the legislature that wrote the Guatemalan Constitution of 1879, and was subsequently the president of the Guatemalan Congress during the government of Manuel Estrada Cabr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manuel Estrada Cabrera
Manuel José Estrada Cabrera (21 November 1857 – 24 September 1924) was the President of Guatemala from 1898 to 1920. A lawyer with no military background, he was a strong ruler (dictator) who modernised the country's industry and transportation infrastructure, but only via granting concessions to the American-owned United Fruit Company, whose influence on the government was deeply unpopular among the population. Estrada Cabrera used increasingly brutal methods to assert his authority, including armed strike-breaking, and he effectively controlled the general elections. He retained power for 22 years through controlled elections in 1904, 1910, and 1916, and was eventually removed from office when the national assembly declared him mentally incompetent, and he was jailed for corruption. Background Estrada Cabrera was a lawyer. He studied at the Universidad Nacional and thanks to his work he reached the position of "First Designated for the Presidency" when José María Rei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalist Free-market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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