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Authoritarian capitalism, or illiberal capitalism, is an economic system in which a liberal capitalist market economy exists alongside an authoritarian government. It overlaps significantly with state capitalism, a system in which the state undertakes commercial activities. However, it is distinct in its combination of private property and the functioning of market forces with restrictio

Douglas A. Rediker is an American attorney and economist who is the founder and chairman of International Capital Strategies, LLC, a policy and markets advisory firm based in Washington, D.C. He is also a non-resident senior fellow at the Brookings Institution.