I don't see how the gov't respond to an economical crisis has anything to do with modern authoritarianism. Regulation without oversight and checks and balances does lead to tiranny, more often than it doesn't
An authoritarian regime isn't going to spin up a bureaucracy like that to do regulation-without-oversight, it's just going to lower its boot onto the population's collective face. You can hardly call that regulation.
Perhaps we're just debating semantics here, but I think there's a distinction between regulating corporate behaviour (you must do X Y Z if you want to run a business in this country, for reasons A B C) and introducing a totalitarian regime (you must do X Y Z because I said so).