Trust: The Social Virtues and the Creation of Prosperity

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Trust: The Social Virtues and the Creation of Prosperity is a book by political economist Francis Fukuyama that explores how cultural norms of trust shape economic performance, social organization, and the development of prosperous societies.

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Predicate Object
instanceOf book
argues familial-based trust can limit the scale of firms in some cultures
informal social norms can be as important as formal institutions for economic success
state policy interacts with cultural norms of trust in shaping development outcomes
author Francis Fukuyama NERFINISHED
caseStudy China NERFINISHED
France NERFINISHED
Germany NERFINISHED
Italy NERFINISHED
Japan NERFINISHED
South Korea NERFINISHED
Taiwan NERFINISHED
United States NERFINISHED
compares high-trust societies
low-trust societies
conceptIntroduced familialism in economic organization
high-trust society
low-trust society
countryOfOrigin United States of America
surface form: United States
field comparative institutional analysis
economic sociology
political economy
followedBy The Great Disruption NERFINISHED
genre non-fiction
political economy literature
sociology literature
hasFormat hardcover
paperback
influencedBy Max Weber's work on culture and capitalism
social capital theory
language English
mainThesis cultural norms of trust significantly influence economic performance and social organization
high-trust cultures are better able to develop large, complex economic organizations
social virtues such as trust underpin prosperous modern societies
notableFor cross-national comparison of cultural norms and corporate organization
popularizing the role of trust and social capital in economic performance
publicationYear 1995
publisher Free Press NERFINISHED
subject civil society
comparative politics
culture and economics
economic development
institutions
social capital
trust
targetAudience academics
general educated readers
policy makers

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Francis Fukuyama notableWork Trust: The Social Virtues and the Creation of Prosperity