Category:Guild

A guild is an organisation that has established, or at least seeks to establish, a monopoly in a given commodity, be it a thing or a service. The elimination of the possibility of cut-throat competition is said to improve the lot of its members. Whatever the truth of the matter, guildmasters invariably do well for themselves.

Guilds in modern lands are increasingly be recognised as being producer of commodities, of items and services for exchange and trade. Craftmanship may or may not be a priority for a given guild. The more modern a guild the more it is focused on manufacturing, which is not craftsmanship and which results in poorer quality commodities in larger quantities and at cheaper prices.

A guild can be a cartel.