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- Title
The nationalization of the bank system during the Portuguese revolution (1974-75).
- Authors
de Campos de Abreu NORONHA, Ricardo Vieira
- Abstract
From 1968 to 1975, the contradiction between capital and labour has polarized the evolution of the political and economic situation in Portugal. Since the burst of labour conflicts that characterized «Marcelismo» (that is, the period in which the country was governed by Marcello Caetano, from September 1968 to April 1974) until the process of nationalization and land occupation in the aftermath of the military coup of the 25thof April1974, bank workers have shown a remarkable ability for collective mobilization and organization. This dissertation aims at presenting the guidelines of this cycle of social struggles and its political and economical consequences, interpreting the bank nationalization in the context of the 1975-75 revolutionary process, highlighting such elements as economical sabotage, workers control and the financial aspects of the «Portuguese path towards socialism».
- Subjects
PORTUGAL; BANKING industry; GOVERNMENT ownership
- Publication
E-Journal of Portuguese History, 2019, Vol 17, Issue 2, p404
- ISSN
1645-6432
- Publication type
Abstract