Organization, Market Structure and Modus Operandi of the Guild-Organized Leather Manufacturing Industry in Tenth-Century Constantinople
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George C. Maniatis
Abstract
This article provides an in depth analysis of the organization, technology employed and functioning of the guild-organized leather manufacturing industry in the capital during the tenth century. Emphasis is placed on the internai organization and operations of the establishments; the technical processes employed; their business organization form and governing rules; the implications of the guild's occupational exclusivity; the likely market structure, degree of exercisable market power, and their impact on price competition. The scale of operations and growth of firms was determined by entrepreneurial decisions based on market signais. Prices and wages were set by market forces – not by the guild. Pro-competitive regulations and unimpeded new entry fostered correct business conduct and maintained a level playing field. Occupational exclusivity did flot ensure market monopoly, as the guiid system did not aim to promote the members' economic interests, thwart intra-guild and extemal competition, or achieve equality of economic resuits.
© 2011 by Walter de Gruyter Berlin/Boston
Articles in the same Issue
- Siglenverzeichnis
- The Metre in the poems of Christopher Mitylenaios
- An Alanic Marginal Note and The Exact Date of John II's Battle with the Pechenegs
- Beobachtungen zum Taktikon Escorialense
- Organization, Market Structure and Modus Operandi of the Guild-Organized Leather Manufacturing Industry in Tenth-Century Constantinople
- Sulle Nere Ali dei Sogni. Costantino Manasse e L'ambiguitá Onirica
- Two Praises of the Emperor Manuel II Palaiologos: Problems of Authorship
- Vita Sancti Marciani Oeconomi
- A Reappraisal of the Chronicle of Theodore of Kyzikos
- II. Abteilung
- Bibliographische Notizen und Mitteilungen
- Autoren- und Herausgeberverzeichnis zur Bibliographie von Band 103, Heft I und II
Articles in the same Issue
- Siglenverzeichnis
- The Metre in the poems of Christopher Mitylenaios
- An Alanic Marginal Note and The Exact Date of John II's Battle with the Pechenegs
- Beobachtungen zum Taktikon Escorialense
- Organization, Market Structure and Modus Operandi of the Guild-Organized Leather Manufacturing Industry in Tenth-Century Constantinople
- Sulle Nere Ali dei Sogni. Costantino Manasse e L'ambiguitá Onirica
- Two Praises of the Emperor Manuel II Palaiologos: Problems of Authorship
- Vita Sancti Marciani Oeconomi
- A Reappraisal of the Chronicle of Theodore of Kyzikos
- II. Abteilung
- Bibliographische Notizen und Mitteilungen
- Autoren- und Herausgeberverzeichnis zur Bibliographie von Band 103, Heft I und II