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Capitalisms After Communism

A leading Hungarian sociologist revises Weber’s notion of prebendal and patrimonial regimes to classify the new capitalist orders of the former Second World. Are governments from Budapest to Beijing now converging on the same models of politicized economy?

The Theory of Post-Communist Managerialism

“The most distinctive characteristic of post-communist social structure in East Central Europe is the absence of a capitalist class. Private property rights are in place, markets in labour and capital exist, these economies are open to world markets, and they have strong relationships with international financial institutions. However, . . .” read more

The Vacuum in Hungarian Politics: Classes and Parties

“In February 1989 the Hungarian Socialist Workers’ Party (Magyar Szocialista Munkáspárt or mszmp) formally accepted the principles of multi-party democracy. Within thirteen months of this decision, free elections were held and a complex political system emerged in which six parties came to represent distinct political fields in . . .” read more