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 129
... period , moreover , as the rate of chaebol growth substantially exceeded the rate of growth for the economy as a whole . For example , the twenty largest chaebol produced 21.8 percent of Korean gross domestic product in 1973 , 28.9 ...
... period , moreover , as the rate of chaebol growth substantially exceeded the rate of growth for the economy as a whole . For example , the twenty largest chaebol produced 21.8 percent of Korean gross domestic product in 1973 , 28.9 ...
Page 182
... period of the seventh - century Taika reforms , for example , peasants could be attracted away from imperial estates by local lords in exchange for military protection from the imperial authorities.48 As in Europe , pro- longed periods ...
... period of the seventh - century Taika reforms , for example , peasants could be attracted away from imperial estates by local lords in exchange for military protection from the imperial authorities.48 As in Europe , pro- longed periods ...
Page 225
... period , with a horrendously overcon- centrated and inefficient industrial infrastructure - a Fordism on steroids in a period when the Fordist model had ceased to be relevant . The new form of mass production associated with Henry Ford ...
... period , with a horrendously overcon- centrated and inefficient industrial infrastructure - a Fordism on steroids in a period when the Fordist model had ceased to be relevant . The new form of mass production associated with Henry Ford ...
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