Consumer socialism is the mixed economic system employed by Janos Kádár and his communist regime in Hungary during the 1960s and 1970s. It incorporated many capitalist tendencies and seemed to many hardliners to be a joke. It was very unorthodox, sometimes called “goulash communism,” and it suffered from the normal capitalistic flaws: social inequality (even though the standard of living was up on the average) and 5% of the population was 80 times wealthier than the rest of the population.

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