Organization and Modus Operandi of the Manufacturing Industry in Byzantium, Tenth-Twelfth Centuries
Organization and Modus Operandi of the Manufacturing Industry in Byzantium, Tenth-Twelfth Centuries

Summary/Abstract: The manufacturing industry in Byzantium comprised guild-organized and unorganized enterprises. This article analyzes their organizational structures, modus operandi, strengths and weaknesses, conditions for their growth, the nature of market competition, norms of business behavior, the implications of the guilds’ occupational exclusivity, the role of price mechanism in price and wage determination, and the role of the state.

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