1.

Record Nr.

UNINA9910338020003321

Autore

Fabry Adam

Titolo

The Political Economy of Hungary : From State Capitalism to Authoritarian Neoliberalism / / by Adam Fabry

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2019

ISBN

3-030-10594-6

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (178 pages)

Disciplina

306.2

320.9439

Soggetti

Economics

Political science

Economic policy

International Political Economy

European Politics

Governance and Government

Economic Policy

Europe Politics and government

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Introduction -- 2. Rethinking the Political Economy of Neoliberal Transformation in Central and Eastern Europe -- Chapter 3: The Pre-1989 Origins of Neoliberalism in Hungary -- 4. The Neoliberal Reconfiguration of the Hungarian Political Economy, 1990-2006 -- 5. From Poster Boy to Basket Case: Hungary and the Global Economic Crisis, 2007-10 -- 6. The Consolidation of the Orbán Regime -- 7. Towards ‘Authoritarian-Ethnicist Neoliberalism’? -- 8. Conclusions.

Sommario/riassunto

This book explores the political economy of Hungary from the mid-1970s to the present. Widely considered a ‘poster boy’ of neoliberal transformation in post-communist Eastern Europe until the mid-2000s, Hungary has in recent years developed into a model ‘illiberal’ regime. Constitutional checks-and-balances are non-functioning; the independent media, trade unions, and civil society groups are constantly attacked by the authorities; there is widespread intolerance



against minorities and refugees; and the governing FIDESZ party, led by Prime Minister Viktor Orbán, controls all public institutions and increasingly large parts of the country’s economy. To make sense of the politico-economical roller coaster that Hungary has experienced in the last four decades, Fabry employs a Marxian political economy approach, emphasising competitive accumulation, class struggle (both between capital and labour, as well as different ‘fractions of capital’), and uneven and combined development. The author analyses the neoliberal transformation of the Hungarian political economy and argues that the drift to authoritarianism under the Orbán regime cannot be explained as a case of Hungarian exceptionalism, but rather represents an outcome of the inherent contradictions of the variety of neoliberalism that emerged in Hungary after 1989.