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Gilding golden ages: perspectives from early modern Antwerp on the guild debate, c. 1450 – c. 1650
Published online by Cambridge University Press: 25 March 2011
Abstract
This article contributes to the debate about the early modern craft guilds’ rationale through the lens of apprenticeship. Based on a case study of the Antwerp manufacturing guilds, it argues that apprenticeship should be understood from the perspective of ‘distributional conflicts’. Fixed terms of service and masterpieces guarded the guilds’ labour market monopsony, enabling masters to distribute the available skilled and unskilled labour among members (among other ways, through the restriction of the number of apprentices per master). Although from the perspective of product quality, this may have enabled masters to prevent adverse selection, the introduction of standardized apprenticeship requirements was the result of social and rent-seeking concerns.
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- Copyright © European Historical Economics Society 2011
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