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iron fist English
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iron fist
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News and current affairs
Lee was the pioneer of capitalism with an iron fist.
China's attempt at capitalism with an iron fist has created a system of gross corruption, with huge disparities in wealth.
The Chilean military strongman Augusto Pinochet, for example, imposed his own version of capitalism with an iron fist, and, though Margaret Thatcher and Friedrich von Hayek admired him, hardly anyone reveres him today.