Trust
Subtitle: The Social Virtues and The Creation of Prosperity
Edition: 1st Free Press Pbk. Ed edition
Publisher: Free Press
Published: June 18, 1996
Language: eng
Format: Paperback
Number of pages: 480
ISBN-13: 9780684825250
Subjects: POLITICS & GOVERNMENT; Politics/International Relations; Economics - General; Political Science; Business / Economics / Finance; Trust (Psychology); Anthropology - Cultural; General; Political Science / General; Economics; Moral and ethical aspects; Virtue
First sentence: As we approach the twenty-first century, a remarkable convergence of political and economic institutions has taken place around the world.
Description: In Trust, a sweeping assessment of the emerging global economic order "after History," Fukuyama examines a wide range of national cultures in order to divine the hidden principles that make a good and prosperous society, and his findings strongly challenge the orthodoxies of both left and right. In fact, economic life is pervaded by culture and depends, Fukuyama maintains, on moral bonds of social trust. This is the unspoken, unwritten bond between fellow citizens that facilitates transactions, empowers individual creativity, and justifies collective action. In the global struggle for economic predominance that is now upon us - a struggle in which cultural differences will become the chief determinant of national success - the social capital represented by trust will be as important as physical capital. But trust varies greatly from one society to another, and a map of how social capital is distributed around the world yields many surprises.