In addition to a frontal attack on civil liberties, the government has redistributed economic assets (particularly through the tax system and investment allocations) in favour of interest groups close to Fidesz and a restricted layer of the well-to-do.
The company said it disagreed with the idea of rate caps, explaining: "Those in favour of interest rate caps argue that they would help control the price of credit, protecting borrowers from high interest rates.
The result is that Bentham's material view of pains and pleasures as the factors which define "interest" tends to evaporate in favour of interests composed of imagined (though not imaginary) apprehensions and expectations about the future.
Herders described how the number and extent of competing business activities are increasing all the time and how the reindeer industry must always take a back seat in favour of interests from other industries such as wind power, hydropower, mining, forestry and tourism.
Bank of England hawks (ie in favour of raising interest rates) Spencer Dale and Martin Weale abandon calls to raise interest rates amid wild swings on global stock markets, the growing eurozone crisis and Britain's ongoing economic woes.
But the MPC voted five to two in favour of keeping interest rates at 0.5%, according to minutes published on Wednesday.
Minutes of the central bank's April monetary policy committee, released on Wednesday revealed a six-three majoriny in favour of maintaining interest rates at 0.5% and keeping the level of QE at £375bn.
"I'm saddened it's come to this but I've tried to make clear the consequences of abandoning our core philosophy in favour of self interest," he said.
As the "leading partner" in government, the ANC was responsible for making policy, he insisted.This week, however, he announced that Mr Mboweni, a doughty opponent of left-wing demands for the central bank to abandon inflation targeting in favour of lower interest rates and economic growth, would step down in November.
Of course even if it is not such a test case there may be other considerations that tell against the will theory and in favour of the interest theory.
In recent meetings, the Bank's monetary policy committee has been split three ways, with one member voting in favour of gradual interest rate rises to head off inflation, while another has voted to increase the Bank's purchases of government bonds in order to boost the recovery.
