In this article, I examine the role of the EU austerity model in the morphing of the Portuguese media landscape by analyzing it in relation to the growing dependency of the Portuguese democracy on external resources and to the associated issues concerning public interest and capital interests. Portugal’s case illustrates well the conflict between capitalism and democracy in the neo-liberal era. It demonstrates how governments no longer have the degree of control they once had over their own state due not only to the presence of supranational institutions, but also to their dependence on investors – which has led to the increasing political power of large corporations over national governments and over national public interest. In this process, the state plays an active role in promoting the free play of market forces through public policy. Against this backdrop, one may also suggest that the news media might no longer be an adequate agent of public interest under the neo-liberal order.

中文翻译：

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公众对新自由主义秩序的兴趣：欧盟紧缩模式在葡萄牙媒体格局演变中的作用

在本文中，我通过分析与葡萄牙民主日益依赖外部资源以及与公共利益和资本利益相关的相关问题来分析欧盟紧缩模式在葡萄牙媒体格局演变中的作用。葡萄牙的案例很好地说明了新自由主义时代资本主义与民主之间的冲突。它展示了政府如何不再像以前那样对自己的国家进行控制，这不仅是由于超国家机构的存在，而且是由于它们对投资者的依赖——这导致大公司对国家政府的政治权力越来越大并超越国家公共利益。在这个过程中，国家通过公共政策，积极推动市场力量的自由发挥。