The Political Economy of Hungarian Authoritarian Populism
Capitalists without the Right Kind of Capital
Author(s)
Rogers, Samuel
Collection
European Research Council (ERC)Language
EnglishAbstract
This book emphasises the importance of state-business relations and external capital for structuring and strengthening authoritarian populism in Hungary. It argues these capitalist relations are crucial to understanding the economic aspects of this ideology, which has developed in the country since 2010. The book investigates both ‘internal’ and ‘external’ legs of the Hungarian political economy. First how a politically loyal national capital owning class has subsumed domestic business. Second the government’s operationalisation of ‘new’ inward transnational capital inflows – especially from China and Russia – to finance large-scale infrastructure projects, which complement extant investment particularly from Germany. Together, these developments have strengthened the hegemonic nature of Hungarian Authoritarian Populism, helping the government to continued electoral success. This model of governance is attractive to similar ideological expressions in the region and beyond who look for an example to emulate.
Keywords
Political economy;Hungary;Authoritarianism;Populism;CapitalDOI
10.4324/9781003161776ISBN
9780367752705, 9780367752729, 9781003161776, 9781040050989Publisher
Taylor & FrancisPublisher website
https://taylorandfrancis.com/Publication date and place
2024Grantor
Imprint
RoutledgeSeries
BASEES/Routledge Series on Russian and East European Studies,Classification
Regional / International studies