márkatisztelet

Márkatisztelet is a Hungarian term that translates to "respect for the market" or "market reverence." It refers to a cultural or ideological stance that emphasizes the importance and efficacy of free markets and market mechanisms as the primary drivers of economic prosperity and societal well-being. This perspective often champions minimal government intervention in the economy, believing that individual economic choices and the forces of supply and demand are the most efficient allocators of resources and creators of wealth.

Adherents of márkatisztelet typically view competition as a beneficial force that fosters innovation, efficiency, and consumer choice. They may advocate for deregulation, privatization, and lower taxes as policies that strengthen market forces. The underlying belief is that individuals pursuing their own economic interests within a free market framework ultimately contribute to the collective good. This viewpoint often contrasts with ideologies that prioritize state planning, extensive social welfare programs, or significant public ownership of industries. The concept is not necessarily about a blind, uncritical worship of markets, but rather a strong conviction in their inherent strengths when allowed to operate with a high degree of freedom.