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John C Wiliams's avatar

It’s both and Perplexity says it better than I could:

<While not all Authoritarian regimes are Kleptocracies, many of the world’s most notorious kleptocracies are authoritarian regimes where a small ruling elite (or dictator) exploits the country’s resources and institutions for personal enrichment. For example, Russia under Vladimir Putin is considered a full-blown autocratic kleptocracy, where the state is managed to enrich its leaders.> Difference is that this country is sold on the open market for the world to see.

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