“…The 1970s was, however, very different in Portugal. In April 1974, a revolution put an end to a dictatorial regime that ruled the country for 41 years , with disappointing results in terms of wages, education, life expectancy, and housing conditions (Alves, 2015(Alves, , 2017, initiating a period of higher government spending on welfare programmes. The political shift occurred, however, in a very adverse macroeconomic and ideological period, characterised by, on the one hand, the shift from the previous consensus (of post-war Keynesian politics) to a neoliberal context of strong confidence in the market.…”