Skip to main content

Research Repository

Advanced Search

Rethinking Greek capitalism through the lens of industrial relations reform: a view until the 2015 referendum

Psychogios, Alexandros; Fotopoulou, Dialechti; Sarvanidis, Sofoklis; Szamosi, Leslie; Wood, Geoffrey


Alexandros Psychogios

Dialechti Fotopoulou

Sofoklis Sarvanidis

Leslie Szamosi

Geoffrey Wood


This paper explores changes in Industrial Relations (IR) regulation and practice in a context of institutional crisis and change. The existing literature on industrial relations in Greece highlights a long process of deregulation that has been accelerated since the onset of the economic crisis, and the inherent segmentation of the Greek system between regulated players and largely unregulated informal and SME players. Radical neo-liberal reforms have weakened the position of those most reliant on traditional regulatory arrangements: larger formal sector employers and their workers, making the basis of Greek competitiveness more fragile. At the same time, the system cannot be dismissed as simply dysfunctional: key elite interests have done well from weak and uneven institutional coverage and have much to gain by reduced government capabilities. At the time of writing, the Greek IR system is being impelled in one direction by external pressures and elite interests, and another by a grassroots counter-movement; whilst the solutions to the Greek condition may be political, the realm of political action is circumscribed by long historical legacies.


Psychogios, A., Fotopoulou, D., Sarvanidis, S., Szamosi, L., & Wood, G. (2015). Rethinking Greek capitalism through the lens of industrial relations reform: a view until the 2015 referendum. Relations industrielles = Industrial relations, 70(4), 698-717

Journal Article Type Article
Publication Date 2015
Deposit Date Nov 25, 2015
Publicly Available Date Nov 23, 2017
Journal Relations industrielles/Industrial relations
Print ISSN 0034-379X
Electronic ISSN 1703-8138
Peer Reviewed Peer Reviewed
Volume 70
Issue 4
Pages 698-717
Keywords Greek capitalism, Varieties of capitalism, Capitalist diversity, Austerity, Institutional change, Elite theory
Public URL
Publisher URL
Additional Information This is a copy of an article which has been published in: Relations industrielles/Industrial relations, 2015, v.70, issue 4


Article.pdf (224 Kb)

Copyright Statement
©2017 Relations industrielles/Industrial Relations

You might also like

Downloadable Citations