States with capitalistic economic systems have thrived under political regimes deemed to be authoritarian or oppressive . Singapore has a successful open market economy as a result of its competitive , business-friendly climate and robust rule of law . Nonetheless , it often comes under fire for its brand of government which though democratic and consistently one of the least corrupt it also operates largely under a one-party rule and does not vigorously defend freedom of expression given its government-regulated press as well as penchant for upholding laws protecting ethnic and religious harmony , judicial dignity and personal reputation . The private ( capitalist ) sector in the People 's Republic of China has grown exponentially and thrived since its inception , despite having an authoritarian government . Augusto Pinochet 's rule in Chile led to economic growth and high levels of inequality by using authoritarian means to create a safe environment for investment and capitalism . Similarly , Suharto 's authoritarian reign and extirpation of the Communist Party of Indonesia allowed for the expansion of capitalism in Indonesia
extirpation
Indonesian mass killings of 1965–66
Capitalism