Authoritarian capitalism is also often associated with, and mistaken for, State Capitalism, an economic system in which the state undertakes business and commercial economic activity, and where the means of production are organized and managed as state-owned enterprises. The former has a higher degree of economic liberalization than the latter. Countries which have authoritarian capitalism include Singapore. | Authoritarian capitalism is also often associated with, and mistaken for, State Capitalism, an economic system in which the state undertakes business and commercial economic activity, and where the means of production are organized and managed as state-owned enterprises. The former has a higher degree of economic liberalization than the latter. Countries which have authoritarian capitalism include Singapore. |