Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s demise, but anti-capitalist thinking still dominates among Portugal’s ruling elites.

Owners are not only prohibited from producing the wine of their choice but also from deciding the volume they produce, the price at which they can sell their products, the way they store and vinify according to protocols, and the list goes on.

The Federal Reserve is not the only central bank in the world doing monetary and economic damage. Portugal’s central bank, working as a branch of the European Central Bank, has been undermining sound money and economic prosperity in that country.

The Federal Reserve is not the only central bank in the world doing monetary and economic damage. Portugal’s central bank, working as a branch of the European Central Bank, has been undermining sound money and economic prosperity in that country.

Last month, Britain made a dangerous swing to the left. Private education has been attacked, more public housing, the promotion of environmental Marxism, and much more. But that isn’t to say there wasn’t an unspoken gospel among the main parties concerning the deliberate impoverishment of the British Isles. Merely aesthetic differences separate them.A distinguished associate of mine told me about his grievances, the attacks against people earning lower wages and the political weaponization used by both major parties to score points from the electorate. He also mentioned the infuriating behavior of leftist Samaritans preaching love, but when people vote contrary to their intentions, spew irascible diatribes.Disappointing as it is, I am not terribly surprised. It would be a mistake to label

“One nice day in 1974 Europe woke up and heard that an army revolt was taking place in Portugal and that a large number of career officers turned out to be Marxists of all colors and stripes. We rubbed our eyes: officers in smart uniforms, coming from ‘nice, even noble families, and apparently a bit frivolous, falling prey to Marxism – a despicable XIX century pseudo religion, bankrupt, morally discredited as a murderous political philosophy responsible for pouring out rivers of blood… The leftist officers brought Portugal to the brink of a Red Tyranny.”- Erik von Kuehnelt-Leddihn. P. 416, The Intelligent American’s Guide to EuropeThe 50th anniversary of the coup that removed Marcello Caetano from power on the afternoon of April 25, 1974, supposedly ushering an end to Corporatism, is two