‘No mutiny will be allowed’: business, the tax system and the Greek version of Mediterranean capitalism during dictatorship, 1967-1974

Abstract

This article analyses the interaction between the system of taxation and business in Greece during the crucial period of the military dictatorship (1967)(1968)(1969)(1970)(1971)(1972)(1973)(1974) in order to throw light on the Greek version of Mediterranean capitalism that developed in the post-Second World War framework and how it affected business doing in the country. It will be shown that through this type of capitalism clientelism and 'shadow' or informal economic transactions ended up being prevalent features of the current Greek economic reality.1 During and prior to the period analysed here Greece's political system was a constitutional monarchy.