From the Tribal to the Open Society: The Role of Medieval Craft Guilds in the Emergence of a Market Order

From the Tribal to the Open Society: The Role of Medieval Craft Guilds in the Emergence of a... The emergence of a legally constituted State in 16th century western societies represents the final lap of a process extending the sphere of the indivudal freedoms necessary for the emergence of the market order. A peculiar stage of this process came in the form of guilds. They materialised into a need for emancipation from the values of the archaic society and became the keepers of a peace and a justice on the market by ensuring the respect of new rules of conduct (1). This analysis of the behaviour of craft guilds will illustrate the question of the possibility of rational economic activity in medieval society (2). http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

From the Tribal to the Open Society: The Role of Medieval Craft Guilds in the Emergence of a Market Order

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2003 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1023/A:1024540723563
Publisher site
See Article on Publisher Site

Abstract

The emergence of a legally constituted State in 16th century western societies represents the final lap of a process extending the sphere of the indivudal freedoms necessary for the emergence of the market order. A peculiar stage of this process came in the form of guilds. They materialised into a need for emancipation from the values of the archaic society and became the keepers of a peace and a justice on the market by ensuring the respect of new rules of conduct (1). This analysis of the behaviour of craft guilds will illustrate the question of the possibility of rational economic activity in medieval society (2).

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Oct 4, 2004

References

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