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The Political Economy of Hungarian Authoritarian Populism

Capitalists without the Right Kind of Capital

Samuel Rogers

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English
Routledge
26 December 2025
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.

The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons [Attribution-Non Commercial-No Derivatives (CC BY-NC-ND)] 4.0 license.
By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
ISBN:   9780367752729
ISBN 10:   0367752727
Series:   BASEES/Routledge Series on Russian and East European Studies
Pages:   196
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Forthcoming
Acknowledgements List of Tables List of Figures Introduction: The political economy of Hungarian authoritarian populism: capitalists without the right kind of capital Part I: Capitalists without the right kind of capital: state-business relations under (Hungarian) authoritarian populism Chapter one: The development of (Hungarian) authoritarian populism Chapter two: Capitalists without the right kind of capital Part II: Hungarian authoritarian populism at work: internal and external considerations Chapter three: Fidesz and national capital: the government subsumes domestic business Chapter four: Fidesz and Russian capital: The Paks II extension Chapter five: Fidesz and Chinese capital: The Belgrade-Budapest railway upgrade Part III: Authoritarian populism travels Chapter six: The political economy of authoritarian populism: future trajectories Index

Samuel Rogers is a Postdoctoral Research Associate in the School of Social Sciences and Global Studies at The Open University, UK and a Visiting Scholar at the Institute for East European Studies, Free University of Berlin, Germany

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