What Viktor Orbán's demise tells us about the new political compass

When Viktor Orbán lost the Hungarian parliamentary election last month, most of the coverage told a familiar story: Liberal democracy had defeated nationalist authoritarianism. Left had beaten right. Those headlines, while partly true, left out an important point that has implications well beyond Hungary.What actually drove ordinary Hungarian voters to the polls wasn't ideology. It was economic stagnation, rising inflation, and falling living standards.Traditional right and left parties may be n...