Was neoliberal capitalism the only possible development path in Eastern Europe after the collapse of real socialism? How did the restoration of capitalism in the former Eastern bloc affect the economic and political situation in the world? Is the support of workers and lower classes for right-wing populists that has been observed in Eastern Europe for the past 30 years since the fall of the Berlin Wall a permanent phenomenon? By asking these questions, the authors point out that the offensive of the far right began in Europe before the 2015 migration crisis and the 2008 financial crisis, and that it coincided with the weakening of leftist workers’ parties. This process began in the 1990s after the collapse of the Eastern bloc. What can stop this process and change the situation? The solution is to show that another model is still possible: greater egalitarianism, democracy and the rule of law. This sociopolitical alternative, however, must simultaneously oppose two powerful forces: neoliberal capitalism and nationalist populism.

To what extent do imposed institutions shape preferences? We consider this issue by comparing the market-versus-state attitudes of respondents from a capitalist country, Finland, and from an ex-communist group of Baltic countries, and by arguing that the period of communist rule can be viewed as an ‘experiment’ in institutional imposition. We find that, consistent with some earlier related work, citizens from ex-communist countries tend to be more supportive of state ownership than respondents from capitalist economies. However, they also favour increasing inequality and competition as the means to enhance incentives. We conclude that, in some important relevant dimensions, institutional imposition (which lasted for about 50 years) had a limited effect on preferences.