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Guild

From ProleWiki, the proletarian encyclopedia
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Guilds were economic institutions that existed during the end of feudalism and beginning of capitalism. Following the bourgeois revolutions, large-scale industry replaced them and replaced their restrictions on production with competition. Some reactionary anti-capitalists seek to reverse history and restore the guild system.[1]

References

  1. ↑ Friedrich Engels (1847). The Principles of Communism. [MIA]