This macrohistorical study sheds light on the Portuguese
Paradox: why a country with a vast and wealthy colonial empire
became the poorest and most backward of Western European nations.
Employing a class conflict perspective, Diamantino P. Machado
examines Portugal's Estado Novo and the eventual collapse of the
reactionary coalition. He analyzes the important role of the state
in Portugal's political economy between 1926 and 1974, offering new
insights about the Estado Novo, Salazar, the military, and
bureaucratic-authoritarian states.
Machado focuses on five aspects of Portuguese society: the
transition from latifundia agriculture to industrial oligopoly; the
role of the state during the reactionary coalition regime
(1926-1974); the African Wars; the changing structure of the
Portuguese military officer corps; and the revolution of 1974 and
its aftermath. Analyzing the state as a vehicle for class
domination, Machado concludes that the reactionary coalition caused
Portugal to become the poorest, most underdeveloped country in
Western Europe, in part by allowing foreigners and a small
Portuguese elite to exploit the country's immense overseas empire.
This book is valuable to scholars of European history, sociology,
comparative politics and political economy.
General
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