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High-trust and low-trust societies

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A low trust society is defined as one in which interpersonal trust is relatively low, and which do not have shared ethical values.[1]

Institutions and mechanisms

According to researchers, low trust societies are typically kinship based;[1] outcomes of low trust societies can include difficulty in forming and maintaining corporate structures.[2] Mechanisms and institutions that are corrupted, dysfunctional or absent in low-trust societies include respect for private property rights, a trusted civil court system, democratic voting and acceptance of voting outcomes, and voluntary tax payment.[3] Research has identified a correlation between individualim with high-trust societies; and collectivism with low-trust cultures.[4]

Self governance

High-trust societies display a high degree of mutual trust not imposed by outside "contractual, legal or hierarchical regulation" but instead based on "prior moral consensus".[1] Much writing on the subject refers to Francis Fukuyama's 1995 Trust: Social Virtues and Creation of Prosperity in which he describes "the ability of various peoples to organize effectively for commercial purposes without relying on blood ties or government intervention" Kirkus[5]

References

  1. ^ a b c Natale, Hoffman & Hayward 1998, p. 35.
  2. ^ Govier 1997, p. 132.
  3. ^ Rose 2011, p. 196.
  4. ^ Hopkins 2012, p. 120.
  5. ^ https://www.kirkusreviews.com/book-reviews/francis-fukuyama/trust/

Sources

  • Govier, T. (1997). Social Trust and Human Communities. Social Trust and Human Communities. McGill-Queen's University Press. ISBN 978-0-7735-1680-9. {{cite book}}: Invalid |ref=harv (help)
  • Natale, S.M.; Hoffman, R.P.; Hayward, G. (1998). Business Education and Training: Corporate Structures, Business, and the Management of Values. Business education and training : a value-laden process. University Press of America. ISBN 978-0-7618-1003-2. {{cite book}}: Invalid |ref=harv (help)
  • Rose, D.C. (2011). The Moral Foundation of Economic Behavior. Oxford University Press. ISBN 978-0-19-978177-5. {{cite book}}: Invalid |ref=harv (help)
  • Hopkins, B. (2012). Cultural Differences and Improving Performance: How Values and Beliefs Influence Organizational Performance. Ashgate Publishing Limited. ISBN 978-1-4094-5862-3. {{cite book}}: Invalid |ref=harv (help)
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