What do Russian President Vladimir Putin, US President Donald Trump, Turkish President Recep Tayyip Erdoğan, Hungarian Prime Minister Viktor Orbán, and Polish Law and Justice Party Chairman Jarosław Kaczyński have in common? They all view the market economy as an instrument of state power.
BUDAPEST – Populists such as US President Donald Trump and de facto Polish leader Jarosław Kaczyński, and authoritarians such as Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin, do not just share Hungarian Prime Minister Viktor Orbán’s brand of so-called “illiberal democracy.” Each also espouses a form of “illiberal capitalism.”
BUDAPEST – Populists such as US President Donald Trump and de facto Polish leader Jarosław Kaczyński, and authoritarians such as Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin, do not just share Hungarian Prime Minister Viktor Orbán’s brand of so-called “illiberal democracy.” Each also espouses a form of “illiberal capitalism.”