Changes

==Etymology==

==Etymology==

[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] gilde, from Old Norse gildi payment, guild; akin to [https://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] gield tribute, guild  

[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] gilde, from Old Norse gildi payment, guild; akin to [https://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] gield tribute, guild  

*Date: [http://www.wikipedia.org/wiki/14th_Century 14th century]

*Date: [https://www.wikipedia.org/wiki/14th_Century 14th century]

==Definitions==

==Definitions==

*1 : an [[association]] of people with similar interests or pursuits; especially : a medieval association of merchants or craftsmen

*1 : an [[association]] of people with similar interests or pursuits; especially : a medieval association of merchants or craftsmen

*2 : a [[group]] of [[organisms]] that use the same [[ecological]] [[resource]] in a similar way <a feeding guild>

*2 : a [[group]] of [[organisms]] that use the same [[ecological]] [[resource]] in a similar way <a feeding guild>

==Description==

==Description==

A '''guild''' is an [[association]] of [http://en.wikipedia.org/wiki/Artisan craftsmen] in a particular trade. The earliest guilds were formed as [http://en.wikipedia.org/wiki/Confraternity confraternities] of workers. They were [[organized]] in a [[manner]] something between a [http://en.wikipedia.org/wiki/Trade_union trade union], a [http://en.wikipedia.org/wiki/Cartel cartel] and a [http://en.wikipedia.org/wiki/Secret_society secret society]. They often depended on grants of [http://en.wikipedia.org/wiki/Letters_patent letters patent]  by an [[authority]] or monarch to enforce the [[flow]] of trade to their self-employed members, and to retain ownership of [[tools]] and the supply of [[materials]]. A lasting [[legacy]] of traditional guilds are the guildhalls constructed and used as meeting places.

A '''guild''' is an [[association]] of [https://en.wikipedia.org/wiki/Artisan craftsmen] in a particular trade. The earliest guilds were formed as [https://en.wikipedia.org/wiki/Confraternity confraternities] of workers. They were [[organized]] in a [[manner]] something between a [https://en.wikipedia.org/wiki/Trade_union trade union], a [https://en.wikipedia.org/wiki/Cartel cartel] and a [https://en.wikipedia.org/wiki/Secret_society secret society]. They often depended on grants of [https://en.wikipedia.org/wiki/Letters_patent letters patent]  by an [[authority]] or monarch to enforce the [[flow]] of trade to their self-employed members, and to retain ownership of [[tools]] and the supply of [[materials]]. A lasting [[legacy]] of traditional guilds are the guildhalls constructed and used as meeting places.

==Fall of the guilds==

==Fall of the guilds==

Despite its advantages for [[agricultural]] and [[artisan]] producers, the guild became a target of much [[criticism]] towards the end of the 1700s and the beginning of the 1800s. They were believed to [[oppose]] [[free]] [[trade]] and hinder [[technological]] [[innovation]], technology transfer and [[business]] [[development]]. According to several accounts of this time, guilds became increasingly involved in simple territorial [[struggles]] against each other and against free practitioners of their [[arts]].

Despite its advantages for [[agricultural]] and [[artisan]] producers, the guild became a target of much [[criticism]] towards the end of the 1700s and the beginning of the 1800s. They were believed to [[oppose]] [[free]] [[trade]] and hinder [[technological]] [[innovation]], technology transfer and [[business]] [[development]]. According to several accounts of this time, guilds became increasingly involved in simple territorial [[struggles]] against each other and against free practitioners of their [[arts]].

Two of the most outspoken [[critics]] of the guild system were [http://en.wikipedia.org/wiki/Jean-Jacques_Rousseau Jean-Jacques Rousseau] and [http://en.wikipedia.org/wiki/Adam_Smith Adam Smith], and all over Europe a [[tendency]] to oppose [[government]] [[control]] over trades in favour of [http://en.wikipedia.org/wiki/Laissez-faire laissez-faire] [http://en.wikipedia.org/wiki/Free_market free market] systems was growing rapidly and making its way into the [[political]] and [[legal]] system. [http://en.wikipedia.org/wiki/Karl_Marx Karl Marx] in his [http://en.wikipedia.org/wiki/Communist_Manifesto Communist Manifesto] also criticized the guild system for its [[rigid]] gradation of [[social]] rank and the relation of oppressor/oppressed entailed by this [[system]]. From this time comes the low regard in which some people hold the guilds to this day. For example, Smith writes in [http://en.wikipedia.org/wiki/The_Wealth_of_Nations The Wealth of Nations] (Book I, Chapter X, paragraph 72):

Two of the most outspoken [[critics]] of the guild system were [https://en.wikipedia.org/wiki/Jean-Jacques_Rousseau Jean-Jacques Rousseau] and [https://en.wikipedia.org/wiki/Adam_Smith Adam Smith], and all over Europe a [[tendency]] to oppose [[government]] [[control]] over trades in favour of [https://en.wikipedia.org/wiki/Laissez-faire laissez-faire] [https://en.wikipedia.org/wiki/Free_market free market] systems was growing rapidly and making its way into the [[political]] and [[legal]] system. [https://en.wikipedia.org/wiki/Karl_Marx Karl Marx] in his [https://en.wikipedia.org/wiki/Communist_Manifesto Communist Manifesto] also criticized the guild system for its [[rigid]] gradation of [[social]] rank and the relation of oppressor/oppressed entailed by this [[system]]. From this time comes the low regard in which some people hold the guilds to this day. For example, Smith writes in [https://en.wikipedia.org/wiki/The_Wealth_of_Nations The Wealth of Nations] (Book I, Chapter X, paragraph 72):

<blockquote>It is to prevent this reduction of price, and consequently of wages and profit, by restraining that free competition which would most certainly occasion it, that all corporations, and the greater part of corporation laws, have been established. (...) and when any particular class of artificers or traders thought proper to act as a corporation without a charter, such adulterine guilds, as they were called, were not always disfranchised upon that account, but obliged to fine annually to the king for permission to exercise their usurped privileges.</blockquote>

<blockquote>It is to prevent this reduction of price, and consequently of wages and profit, by restraining that free competition which would most certainly occasion it, that all corporations, and the greater part of corporation laws, have been established. (...) and when any particular class of artificers or traders thought proper to act as a corporation without a charter, such adulterine guilds, as they were called, were not always disfranchised upon that account, but obliged to fine annually to the king for permission to exercise their usurped privileges.</blockquote>

In part due to their own inability to [[control]] unruly corporate [[behavior]], the tide turned against the guilds.

In part due to their own inability to [[control]] unruly corporate [[behavior]], the tide turned against the guilds.

Because of industrialization and modernization of the [[trade]] and [[industry]], and the rise of powerful [[nation]]-states that could directly issue [http://en.wikipedia.org/wiki/Patent patent] and [http://en.wikipedia.org/wiki/Copyright copyright] protections — often revealing the trade [[secrets]] — the guilds' [[power]] faded. After the [http://en.wikipedia.org/wiki/French_Revolution French Revolution] they fell in most European nations through the 1800s, as the guild system was disbanded and replaced by free trade laws. By that time, many former handicraft workers had been forced to seek employment in the emerging [[manufacturing]] [[industries]], using not closely guarded [[techniques]] but [[standardized]] [[methods]] controlled by [http://en.wikipedia.org/wiki/Corporation corporations].[http://en.wikipedia.org/wiki/Guild]

Because of industrialization and modernization of the [[trade]] and [[industry]], and the rise of powerful [[nation]]-states that could directly issue [https://en.wikipedia.org/wiki/Patent patent] and [https://en.wikipedia.org/wiki/Copyright copyright] protections — often revealing the trade [[secrets]] — the guilds' [[power]] faded. After the [https://en.wikipedia.org/wiki/French_Revolution French Revolution] they fell in most European nations through the 1800s, as the guild system was disbanded and replaced by free trade laws. By that time, many former handicraft workers had been forced to seek employment in the emerging [[manufacturing]] [[industries]], using not closely guarded [[techniques]] but [[standardized]] [[methods]] controlled by [https://en.wikipedia.org/wiki/Corporation corporations].[https://en.wikipedia.org/wiki/Guild]

[[Category: History]]

[[Category: History]]

[[Category: Economics]]

[[Category: Economics]]