The presentation will deal with the distal and proximal processes resulting in the conflicts stemming from the transition to market economy and liberal democracy in Hungary between 1989 and 2010. The paper discusses the repercussions of the illiberal turn in Hungarian politics after 2010. The paper argues that against all expectations the transition process has been halted by existential and epistemological insecurities unleashed by the unbearable burdens of the market economy and liberal democracy. Increased social inequality, ethnicization of deep-poverty, inability to grow were the consequences that have become worse by the inability to cope with the traumas of the past such as the Holocaust and the Trianon treaty. The future will show how effective will be the National Cooperation System established in 2010.