Abstract

This article probes key issues that remain unexplored, misconstrued, or unsettled in the guild-organized soapmaking industry in Constantinople, as they relate to its organization, modus operandi, and the degree of state intervention. Neither the state nor the guild attempted to micromanage the firms' activities, as the number and size of workshops, the number of hired workers, production methods, quantity and quality of output were outside their purview. Prices and wages were determined by market forces. Training of apprentices was streamlined to match the industry's capacity. Proliferation of small scale workshops was due primarily to managerial constraints and limited borrowing capacity — not to deliberate state policy to check enterprise growth. Regulations of agoranomic nature aimed to ensure the orderly function of the marketplace, correct business conduct, and consumer protection. Equality of opportunity rather than equality of economic results was the foundation of the state's industrial policy