Trust: The Social Virtues and the Creation of ProsperityIn 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. The greatness of this country, he maintains, was built not on its imagined ethos of individualism but on the cohesiveness of its civil associations and the strength of its communities. But Fukuyama warns that our drift into a more and more extreme rights-centered individualism - a radical departure from our past communitarian tradition - holds more peril for the future of America than any competition from abroad. |
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Page 270
... consequences that flow from these attributes . Diversity surely can bring real economic benefits , but past a certain point it erects new barri- ers to communication and cooperation with potentially devastating eco- nomic and political ...
... consequences that flow from these attributes . Diversity surely can bring real economic benefits , but past a certain point it erects new barri- ers to communication and cooperation with potentially devastating eco- nomic and political ...
Page 321
... consequences of a decline in American social capital . Unlike other types of economic pathology , the causal rela- tionship between social capital and economic performance is indirect and attenuated . If the savings rate falls suddenly ...
... consequences of a decline in American social capital . Unlike other types of economic pathology , the causal rela- tionship between social capital and economic performance is indirect and attenuated . If the savings rate falls suddenly ...
Page 355
... consequences may not be felt in the economy so much as in social and political life . Spontaneous sociability has consequences that are not easy to capture in aggregate income statistics . Human beings are at the same time narrowly ...
... consequences may not be felt in the economy so much as in social and political life . Spontaneous sociability has consequences that are not easy to capture in aggregate income statistics . Human beings are at the same time narrowly ...
Contents
On the Human Situation at the End of History | 3 |
PART II | 12 |
The Twenty Percent Solution | 13 |
Copyright | |
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American argue Asia Asian associations authority behavior Cambridge central chaebol Chalmers Johnson China Chinese family Chinese societies church companies Comparative competitive Confucianism contrast corporations countries create culture degree democracy economic development economists efficient enterprises entrepreneurs ethical Europe example factory familistic family businesses firms France French German global groups growth habit high-trust History Hong Kong human iemoto important individual individualistic industrial institutions Italy Japan Japanese keiretsu kinship Korean labor large-scale lean manufacturing lean production less liberal lineage low-trust manufacturing ment modern moral Mormon neoclassical neoclassical economics nomic obligation organizations peasant percent political problem professionally managed Protestant Protestantism relationships relatively religious revolution role scale sector share social capital South Korea spontaneous sociability structure Studies Taiwan tend tion traditional trust twentieth century unions United University Press virtually Weber workers workplace York zaibatsu