"Guilds ruled many crafts and trades from the Middle Ages to the Industrial Revolution, and have always attracted debate and controversy. They were sometimes viewed as efficient institutions that guaranteed quality and skills. But they also excluded competitors, manipulated markets, and blocked innovations. Did the benefits of guilds outweigh their costs? Analyzing thousands of guilds that dominated European economies from 1000 to 1880, The European Guilds uses vivid examples and clear economic reasoning to answer that question. Sheilagh Ogilvie's book features the voices of honorable guild masters, underpaid journeymen, exploited apprentices, shady officials, and outraged customers, and follows the stories of the "vile encroachers"--Women, migrants, Jews, gypsies, bastards, and many others--desperate to work but hunted down by the guilds as illicit competitors. She investigates the benefits of guilds but also shines a light on their dark side. Guilds sometimes provided important services, but they also manipulated markets to profit their members. They regulated quality but prevented poor consumers from buying goods cheaply. They fostered work skills but denied apprenticeships to outsiders. They transmitted useful techniques but blocked innovations that posed a threat. Guilds existed widely not because they corrected market failures or served the common good but because they benefited two powerful groups--guild members and political elites."--Rabat de la jaquette.

What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did merchant guilds simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policymakers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how scrutinizing merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.

For a long time guilds have been condemned as a major obstacle to economic progress in the pre-industrial era. This re-examination of the role of guilds in the early modern European economy challenges that view by taking into account fresh research on innovation, technological change and entrepreneurship. Leading economic historians argue that industry before the Industrial Revolution was much more innovative than previous studies have allowed for and explore the different products and production techniques that were launched and developed in this period. Much of this innovation was fostered by the craft guilds that formed the backbone of industrial production before the rise of the steam engine. The book traces the manifold ways in which guilds in a variety of industries in Italy, Austria, Germany, Switzerland, France, Belgium, the Netherlands, and Britain helped to create an institutional environment conducive to technological and marketing innovations.

Epstein takes a fresh look at the organization of labor in medieval towns and emphasizes the predominance of a wage system within them. He offers illuminating comment on a wide range of subjects_on guilds and guild organization, on women and Jews in the work force, on the value given labor, and on the sources of disaffection. His book presents a feast of themes in medieval social history. David Herlihy, Brown University

In the half millennium of their existence, guilds in the Low Countries played a highly significant role in shaping the societies of which they were a part. One key aspect that has been identified in recent historical research to explain the survival of the guilds for such a long time is the guilds' continued adaptability to changing circumstances. This idea of flexibility is the point of departure for the essays in this volume, which sheds new light on the corporate system and identifies its various features and regional variances. The contributors explore the interrelations between economic organisations and political power in late medieval and early modern towns, and address issues of gender, religion and social welfare in the context of the guilds. This cohesive and focussed volume will provide a stimulus for renewed interest and further research in this area. It will appeal to scholars and students with an interest in early modern economic, social and cultural history in particular, but will also be valuable to those researching into political, religious and gender history.

First full study devoted to the archery and crossbow guilds which grew up in Flanders in the middle ages.

This book presents a new view on the relation between labour and community through a focus on craft guilds. In the Southern Netherlands, occupational guilds were both powerful and governed by manufacturing masters, enabling the latter to imprint their mark upon urban society in an economic, socio-cultural and political way. While the urban community was deeply indebted to a corporative spirit and guild ethic originating in medieval Germanic and Christian traditions, guild-based artisans succeeded in being accepted as genuine political (and, hence, rational) actors – their political identity and agency being based upon their skills and trustworthiness. In the long run, this corporative spirit and power inexorably waned. Yet this book shows that an adequate understanding of the development of European modernity – i.e., proletarianisation and the emergence of a modern economy and modern economic and political thinking – requires taking seriously the ruins upon which it is build. These histories can actually be recounted as purifications of sorts, in which the economic was separated from the political, the individual from the social, and the transcendent from the material. While the religiously inspired corporative nature of the urban body politic waned, the urban artisans lost their credibility as political (and rational) actors.