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People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contri
by friendlybus 6y ago
People of the same trade seldom meet together, even for merriment and
diversion, but the conversation ends in a conspiracy against the public,
or in some contrivance to raise prices.
—Adam Smith, observation on urban guilds, 1776
Are we out of imaginative new ideas for organizing society?
We have the ability to organize a social heirarchy more generally across the public thanks to computers. The necessity for highly specialized master/apprentice guilds looks limited to a few areas.
- TeMPOraL 6y ago> People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. I.e. a case of a phase-locked loop. I think viewing it like this can help spot other such loops in the society.