Are countries that have a dictator, usually communist? Or can dictatorships have a capitalist economy?
China, the most successful of Communist nations (at the cost of 70 million dead) has turned to Capitalism to raise needed money. Don`t be fooled into thinking they are capitalist, they are not. The Capitalism that is allowed is still controlled by the state. It is a one sided capitalism. One has to be a person in good standing with the state to even be allowed to practice it. The profits are controlled too and most go to the state. Who and what you deal with is watched and approved or disapproved by the state. Yes a dictatorship can have a capitalist economy. Franco and Hitler were dictators who had a capitalist economy. This is known as Fascist. Mao and Castro were Dictators that had a collective economy. This is known as Communist. There are no Democracies with Dictators and democracies all have capitalist economies. Socialism, “Socioeconomic system that arises after the proletarian revolution, in which the means of production are owned collectively. This society would then progress
