The Problem with Guilds: They're Monopolistic and Wasteful

The Problem with Guilds: They’re Monopolistic and Wasteful

Tags: World History

01/30/2022 Lipton Matthews

The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

Original Article: “The Problem with Guilds: They’re Monopolistic and Wasteful“

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