On Monday, 18th March, 2013, Professor Dieter Segert, Institute for Political Sciences at The University of Vienna, delivered a lecture as part of the CREES 50th Anniversary Seminar Series. In his paper titled 'Eastern Europe after 1989 – a laboratory for the sustainability of "Western Democracy"', Professor Segert provided a fascinating talk on the link between political instability and increasing inequalities in eastern Europe. Importantly, he underlined how events in eastern Europe provide important lessons for understanding problems that are also developing in western Europe (the political instability we have seen recently in Greece and Italy are examples).