János Kornai is Allie S. Freed Professor of Economics Emeritus at Harvard University and Honorary Professor Emeritus at Corvinus University of Budapest. His many books include The Socialist System
(1992), From Socialism to Capitalism
(2008), and most recently Dynamism, Rivalry, and the Surplus Economy
(2013). A longer version of this essay with additional explanations and citations is available on the author’s website.
July 2015, Volume 26, Issue 3
The great achievements of Hungary’s 1989–90 transition—including democracy, rule of law, market-oriented reform, and pluralism in intellectual life—are being dismantled as the world looks the other way.
