Guilds were a thing because it presented a way to exit the serf/noble dichotomy and gain social status through a parallel institution. While your idea of socialism may possibly solve alienation, it negates the social capital of guilds, the elevation above the masses
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I do think the automated and impersonal nature of the assembly line is decidedly worse though. The village craftsman still held a place of prestige that wasnt interchangeable and allowed personal expression.
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