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The Second Economy in Hungary

In: The Second Economy in Marxist States

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  • Istvan Kemeny

Abstract

The Communist party has come to power twice in Hungary since the Second World War — on both occasions, courtesy of the Red Army. The first time was between 1945 and 1948. That power was swept away by the Hungarian Revolution of 1956. However, after the crushing defeat of that short-lived revolution in November 1956, Communist power was restored. But, as G. H. N. Seton-Watson has observed, ‘counter-revolutions in practice never succeed for long in restoring the previous order … Hungarians must with reluctant gratitude acknowledge that the regime of Janos Kadar differed from that of Ernö Gerö’ (Seton-Watson, 1978: 2). Thus, in tracing the origins of the second economy in modern Hungary, we must begin in 1956.

Suggested Citation

  • Istvan Kemeny, 1990. "The Second Economy in Hungary," Palgrave Macmillan Books, in: Maria Łoś (ed.), The Second Economy in Marxist States, chapter 4, pages 50-68, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-20422-9_4
    DOI: 10.1007/978-1-349-20422-9_4
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