CHARACTERISTICS OF CAPITALISM AND OF STATE IN PORTUGAL: PASSAGE OF ECONOMIC AND FINANCIAL GROUPS DOMINATED BY THE PORTUGUESE CAPITAL FOR GROUPS DOMINATED BY MULTINATIONAL CAPITAL, AND OF A PROTECTOR STATE FOR A SUBSERVIENT STATE

The paper analyzes the capitalism characteristics in the Portuguese social formation, considering economic groups in Portugal before and after of April 25. Detailing the characteristics of these economic groups, the author concludes that the principal shareholders of most economic and financial groups operating in Portugal, are transnational groups, some companies belonging to foreign States and other large economic and financial groups operating on a global scale. Accordingly, the State role, given the fragility towards these groups, is of simple server and executor of policies dictated by these groups directly or, indirectly by international organizations that represent and defend their interests, like the IMF, the Commission European, the World Bank, even the OECD, etc. Argues that given the growing globalization and increased threats of all kinds, one needs in Portugal is a strong State that defend the national sovereignty, able of promote the growth and sustained development of the country, and to defend the Portuguese of threats and constant attacks to a life with a minimum of human dignity