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 98
... exists among families , reflecting the ab- sence of a generalized sense of trust within the society , cooperation in group activities outside family or lineage ties is strictly limited . Compare this situation to the description of ...
... exists among families , reflecting the ab- sence of a generalized sense of trust within the society , cooperation in group activities outside family or lineage ties is strictly limited . Compare this situation to the description of ...
Page 186
... exists within Japanese companies is one of the two distinctive and perhaps sui generis features of the Japanese economy . The other , discussed in the following chapter , has to do with the long - term stability of relations among ...
... exists within Japanese companies is one of the two distinctive and perhaps sui generis features of the Japanese economy . The other , discussed in the following chapter , has to do with the long - term stability of relations among ...
Page 336
... exists , for example , in Confucian or Jewish cultures , then it can lead to a stifling morass of nepotism and inbred stag- nation . Familism that is too strong , moreover , can come at the expense of other forms of sociability . Hence ...
... exists , for example , in Confucian or Jewish cultures , then it can lead to a stifling morass of nepotism and inbred stag- nation . Familism that is too strong , moreover , can come at the expense of other forms of sociability . Hence ...
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