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Totalitarian regimes are usually distinguished from authoritarian regimes in the sense that totalitarianism represents an extreme version of authoritarianism. Authoritarianism primarily differs from totalitarianism in that social and economic institutions exist that are not under governmental control. [1]
A semi-presidential republic is a government system with power divided between a president as head of state and a prime minister as head of government, used in countries like France, Portugal, and Egypt. The president, elected by the people, symbolizes national unity and foreign policy while the prime minister is appointed by the president or ...
A totalitarian government has "total control of mass communications and social and economic organizations". [12] Political philosopher Hannah Arendt describes totalitarianism as a new and extreme form of dictatorship composed of "atomized, isolated individuals" in which ideology plays a leading role in defining how the entire society should be ...
Modern political science catalogues three régimes of government: (i) the democratic, (ii) the authoritarian, and (iii) the totalitarian. [4] [5] Varying by political culture, the functional characteristics of the totalitarian régime of government are: political repression of all opposition (individual and collective); a cult of personality about The Leader; official economic interventionism ...
Authoritarian capitalism, [1] or illiberal capitalism, [2] 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 restrictions on dissent ...
The banks’ bank. The lender of last resort. The orchestrator of the U.S. economy. These words are often used to describe the central bank of the U.S., officially known as the Federal Reserve System.
Some economists have argued that the major reason for the economic shortcomings of authoritarian socialist states which adopted Soviet-type planning was due to their authoritarian and administrative, command nature rather than socialism itself or planning as a whole and that both economic planning and government direction of the economy through ...
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