Why do people discount guild-based economics?

[Pedro de San Patricio]

A guild is essentially a combination of a professional association, a labor union, and a corporation. The easiest way to explain how it works is by example. Say you want to become an electrician. You join the electrician's guild. They provide you with room, board, professional training, and a master electrician to work under during your OJT. When you become fully certified you become a journeyman and can work unsupervised. Every job, fee, and material is provided by the guild. Once you reach a sufficient level of experience and know how you may achieve mastery and begin training your own apprentice electricians. If you work hard enough to build a solid reputation as a knowledgeable and upright member then you may find yourself in a leadership position. All you have to do is pay your annual dues, don't try to cheat the system, and focus on a continuous technical education.

 

[pinqy]

A guild is essentially a combination of a professional association, a labor union, and a corporation. The easiest way to explain how it works is by example. Say you want to become an electrician. You join the electrician's guild. They provide you with room, board, professional training, and a master electrician to work under during your OJT. When you become fully certified you become a journeyman and can work unsupervised. Every job, fee, and material is provided by the guild. Once you reach a sufficient level of experience and know how you may achieve mastery and begin training your own apprentice electricians. If you work hard enough to build a solid reputation as a knowledgeable and upright member then you may find yourself in a leadership position. All you have to do is pay your annual dues, don't try to cheat the system, and focus on a continuous technical education.

Because monopolies, such as a guild, limit competition and increase prices without increasing quality.

 

[Pedro de San Patricio]

Part of the point of a guild is regulation of prices. There's a minimum price, yes, but also a maximum.

 

[DrDoomNGloom]

A guild is essentially a combination of a professional association, a labor union, and a corporation. The easiest way to explain how it works is by example. Say you want to become an electrician. You join the electrician's guild. They provide you with room, board, professional training, and a master electrician to work under during your OJT. When you become fully certified you become a journeyman and can work unsupervised. Every job, fee, and material is provided by the guild. Once you reach a sufficient level of experience and know how you may achieve mastery and begin training your own apprentice electricians. If you work hard enough to build a solid reputation as a knowledgeable and upright member then you may find yourself in a leadership position. All you have to do is pay your annual dues, don't try to cheat the system, and focus on a continuous technical education.

Could be when you got to the part about "labor unions", groups of illiterate, stupid, greedy, lazy, self centered cocksuckers who think we need to pay them so we have better working conditions and pay.

They give us no choice in the message they send society and interfere with the more you work the more you make creed.

Union members are fucking retards who can not and do not accomplish what non union workers do, both due to lack of motivation and intelligence.

[Snip]
I shouldn't really be answering this question but I think it is important for you to be aware of the weakness in the system. Just don't go talking about it in earshot of any of the masters. They won't take kindly to any talk against the guild system.

Although the guild system has many obvious advantages such as providing a large measure of social and economic security for its members and supplying the means for guild members to co-operate for social, economic, and political activities, it has a great weakness. This weakness is its inability to adjust itself to technological progress. A guild member can not use a new method of manufacture until it has been accepted by the guild and provided for in the regulations. In practice, this acceptance of new methods is next to impossible. This means that any innovators are forced to work outside the jurisdiction and protection of the guilds.

An example is the wool industry. During the twelfth century the regular method of fulling cloth was to put it in water and stamp on it or beat it with paddles. It occurred to someone late in the century that water power could perform this task more effectively. Fulling mills began to sprout up but the guilds refused to have anything to do with them. Therefore, the fulling mills were built outside the towns away from the jurisdiction of the guilds. By building their mills on land of a powerful Nobel, the millers insured that the guilds dare not refuse to accept the product of their mills. As a result, much of the wool industry of late medieval England grew up in the countryside to avoid the guilds. This scenario continues to repeat itself during the Renaissance period as other technological improvements are developed.

The Great Weakness of the Guild System

 

[Pedro de San Patricio]

Could be when you got to the part about "labor unions", groups of illiterate, stupid, greedy, lazy, self centered cocksuckers who think we need to pay them so we have better working conditions and pay.

They give us no choice in the message they send society and interfere with the more you work the more you make creed.

Union members are fucking retards who can not and do not accomplish what non union workers do, both due to lack of motivation and intelligence.

It's not a labor union. It was technically the forerunner to both the labor union and the corporation. Another way to describe it would be that a guild is to a company as a credit union is to a bank. Everyone involved is a member who started at the bottom.

 

[DrDoomNGloom]

A guild is essentially a combination of a professional association, a labor union, and a corporation.

Could be when you got to the part about "labor unions", groups of illiterate, stupid, greedy, lazy, self centered cocksuckers who think we need to pay them so we have better working conditions and pay.

They give us no choice in the message they send society and interfere with the more you work the more you make creed.

Union members are fucking retards who can not and do not accomplish what non union workers do, both due to lack of motivation and intelligence.

It's not a labor union. It was technically the forerunner to both the labor union and the corporation. Another way to describe it would be that a guild is to a company as a credit union is to a bank. Everyone involved is a member who started at the bottom.

That is not your post above??

You did not type, "a labor Union"??

a Rose is a Rose by any other name .................

Are you required to pay dues to get benefits from this guild??

You English sucks and you struggle to argue a useless point ...................

 

[Pedro de San Patricio]

You did not type, "a labor Union"??

This is what I said:

A guild is essentially a combination of a professional association, a labor union, and a corporation.

I didn't say it was a union. I said it's the forerunner to what we know as labor unions and is essentially a combination of a professional association, labor union, and corporation. It has aspects of all three. The labor union aspects are that it provides regulation and oversight, training, and work for its members. It is also comparable to a monopolistic corporation in that it has exclusive rights to regulate its occupation and practice of that occupation by non-members is an offense. This is primarily a way to safeguard itself from competition and the public from poor quality and possibly dangerous service.

Are you required to pay dues to get benefits from this guild??

Yes. That's part of how it operates. You're given work. You're given a price range for that work. Part of your earnings from that work goes to the guild for training, licensing, and supplying you.

You English sucks and you struggle to argue a useless point ...................

So far I'm just arguing that it really is what I said it is in the OP.

 

[DrDoomNGloom]

You did not type, "a labor Union"??

This is what I said:

A guild is essentially a combination of a professional association, a labor union, and a corporation.

I didn't say it was a union. I said it's the forerunner to what we know as labor unions and is essentially a combination of a professional association, labor union, and corporation. It has aspects of all three. The labor union aspects are that it provides regulation and oversight, training, and work for its members. It is also comparable to a monopolistic corporation in that it has exclusive rights to regulate its occupation and practice of that occupation by non-members is an offense. This is primarily a way to safeguard itself from competition and the public from poor quality and possibly dangerous service.

Are you required to pay dues to get benefits from this guild??

Yes. That's part of how it operates. You're given work. You're given a price range for that work. Part of your earnings from that work goes to the guild for training, licensing, and supplying you.

You English sucks and you struggle to argue a useless point ...................

So far I'm just arguing that it really is what I said it is in the OP.

It's a fucking labor union, goodbye stupid ................

 

[Pedro de San Patricio]

Come to think of it, the idea of a bar association is pretty similar. To be a lawyer, you have to be accredited by your state's bar association. It determines the criteria for practicing law. You may not do so without its blessing. The American Medical Association is another.

 

[EdwardBaiamonte]

Come to think of it, the idea of a bar association is pretty similar. To be a lawyer, you have to be accredited by your state's bar association. It determines the criteria for practicing law. You may not do so without its blessing. The American Medical Association is another.

yes and both interfere with capitalism. Our doctors make $400,000 because the union limits the supply of doctors whereas in Europe they make $75,000.

Do you understand what capitalism is?

 

[Jomama]

The guild limits ambition. If that is your ambition, you cannot take risk and build an electricians empire in the guild system. The reason the word Guild brings to mind scenes of peasant England is notable. Ambitious entrepreneurs are America's most exploited resource a guild system restricts the supply of Ambitious entrepreneurs.

Yes, lawyers and doctors and pilots restrict supply to drive up rates and society tolerates some of this to assure some level of competence or experience.

 

[pinqy]

Part of the point of a guild is regulation of prices. There's a minimum price, yes, but also a maximum.

Exactly. Monopolistic pricing (at minimum collusion) . Increases prices without increasing quality.

 

[EdwardBaiamonte]

Part of the point of a guild is regulation of prices. There's a minimum price, yes, but also a maximum.

Exactly. Monopolistic pricing (at minimum collusion) . Increases prices without increasing quality.

it seems Pedro lacks the IQ to understand what capitalism is and why it just eliminated 40% of the worlds poverty.