“Technocratic strongman capitalism.”
Authoritarian Capitalism maintains a free-market economy while consolidating political power in a single leader or ruling elite, often suppressing opposition and political freedoms.
Alberto Fujimori's Peru (1990s) is an example of Authoritarian Capitalism. Facing economic crisis, he implemented sweeping neoliberal reforms ('Fujishock'), including mass privatizations, deregulation, and opening markets to foreign investment.