Viktor Orban’s defeat has triggered a collective sigh of relief across Europe and beyond. Following closely on the heels of former President Jair Bolsonaro’s exit in Brazil, the demise of the Hungarian strongman seems to signal the beginning of the end of the recent strongman era. This, however, would be a dangerous misreading of the global trajectory. The Hungarian specifics should already caution us against an overly optimistic reading. Peter Magyar was an insider who campaigned on a rather