864 B
864 B
Villeinage
Definition
A form of semi-feudal servitude where peasants (villeins) were bound to the land they worked, could be sold with it but not separately, required master consent for marriage, and could acquire property only for their lord's benefit, existing as a milder form of slavery than that practiced in ancient Greece and Rome.
Source Chapter
Book III, Chapter 2
Context
Smith traces the gradual disappearance of this institution through the encroachment of sovereigns on lords' authority and the church's emancipation efforts, noting it was replaced by metayer tenancy as villeins gained freedom while remaining on their land without personal capital to farm independently.
Economic Domain
Regulation