Living memories of the past?

A new wave of redistribution at the turn of the millennium

Redistribution within the economy and state aid for companies have recently become an important field of economic policy once again. The lens of the daily press is deceptive, however: we are not facing a brand new issue. Redistribution has been a constant companion of economic transition. This article examines the phenomenon of focusing on Hungarian private enterprises as a distinctive feature of the new wave beginning at the turn of the millennium. It presents the varied methods and the ideologies and driving forces behind them. According to the final conclusion, the best subsidy would be to decrease subsidies, and instead to modify general economic conditions in a way favourable to business players.

Competitio 2003, volume 2, pp. 83-104