Qualified Employment in the Third Sector in Portugal

Departing from regulation theories and varieties of capitalism school this article focuses on employment in the third sector. We start by discussing the emergence of the new third sector in the western world. In the second part of the article, we provide an overview of the third sector in Portugal today. The ideal values of the organizations of the third sector, namely the principles of democratic and participative management, the primacy of people and work over capital, and the centrality of social capital, frame the discussion of empirical data regarding the wage relation that characterizes the University of Porto (UP) graduates currently working in the third sector. We end with a critical discussion of the optimistic expectations and projections that loom over the third sector regarding the construction of an alternative model of social and economic development based on justice and equity.