Did $300 Break Hungarian Socialism?
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Did $300 Break Hungarian Socialism?
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From 1989 to 1990, governments around the Socialist bloc were facing financial hardship and various movement organizing for greater labor rights, democratic processes, openning up of the markets, and all manner of other similar policies. Host James Orban examines the response one government from the region took. Hungary under Kadar in 1989 approved for Hungarians to be given global passports, and to be allowed greater access to foreign currency. What did people do? They went shopping in Vienna. Those shopping trips, as apocryphal as they may be on details, were the first real moment of experiencing Western capitalism.
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