Problem
Economic dictatorship
Experimental visualization of narrower problems
Nature:
Economic dictatorship may be domestic or international, comprising economic imperialism, oligopoly and monopoly under a market system, and government economic intervention or control. Economic imperialism and the activities of multinational companies may lead to foreign debt, foreign control and influence, and possibly to national disintegration. Monopoly, oligopoly and government intervention may lead to a high cost of living, inefficiency, unequal distribution of wealth and the bankruptcy of small and medium-sized firms. State controlled economies are often synonymous with political dictatorship.
Broader Problems:
DictatorshipAbuse of economic power Narrower Problems:
MonopoliesEconomic imperialismMonopoly of the economy by corporationsInefficiency of state-controlled enterprisesPolitical intervention by transnational corporationsControl of national economic sectors by transnational enterprises Aggravates:
Inequitable distribution of wealth Strategies:
Institutionalizing economic dictatorshipUndermining economic dictatorshipSupporting economic dictatorshipResisting economic dictatorshipOverpowering economic dictatorship Subject(s):
Economics → EconomicGovernment → Government
Related UN Sustainable Development Goals:
Problem Type:
C: Cross-sectoral problems Date of last update
04.10.2020 – 22:48 CEST