Trust by Francis Fukuyama
The Social Virtues and the Creation of Prosperity
This work argues that social capital—especially trust—is a decisive foundation for economic prosperity and the ability to build large, efficient organizations. Comparing high-trust societies with low-trust ones, it shows how cultural norms shape corporate structures, entrepreneurial networks, and the extent of state involvement. Through case studies spanning the United States, Germany, Japan, China, Italy, and France, it explains why some economies more easily scale beyond family firms. It also warns that excessive individualism and eroding community norms can undermine prosperity, advocating policies that nurture civic virtues to sustain dynamic capitalism.
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- Published
- 1995
- Nationality
- American
- Length
- Moderate
- Pages
- 450-500
- Original Language
- English
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