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How is it that Poland and Hungary, formerly regional leaders in democratic progress in east central Europe, have become widely cited cases of democratic backsliding? According to the political science literature on democratization, the path by which they exited communism should have favored stable democratic outcomes. This paper reexamines that literature and argues that it misses potential populist dangers inherent in the combination of accommodation and contention in the democratization process in both countries. The paper argues that changes in the structural conditions under which Polish and Hungarian democracy operated markedly improved the chances of success for populist actors in electoral competition, explaining the rise of PiS and FiDeSz. Particular attention is paid to the role of the global economic crisis of 2008 and the European refugee crisis of 2015. [ABSTRACT FROM AUTHOR]