Name: Trust
Rating: 4 (2 reviews)

Francis Fukuyama

Professor of International Political Economy Francis Fukuyama

The author of the best-selling book The End of History explains the relationship between culture and economics and predicts which countries will win the ongoing battle for economic dominance. 50,000 first printing. $50,000 ad/promo. Tour.

The Social Virtues and the Creation of Prosperity

Trust

In his bestselling The End of History and the Last Man, Francis Fukuyama argued that the end of the Cold War would also mean the beginning of a struggle for position in the rapidly emerging order of 21st-century capitalism. In Trust, a penetrating assessment of the emerging global economic order "after History," he explains the social principles of economic life and tells us what we need to know to win the coming struggle for world dominance. Challenging orthodoxies of both the left and right, Fukuyama examines a wide range of national cultures in order to divine the underlying principles that foster social and economic prosperity. Insisting that we cannot divorce economic life from cultural life, he contends that in an era when social capital may be as important as physical capital, only those societies with a high degree of social trust will be able to create the flexible, large-scale business organizations that are needed to compete in the new global economy. A brilliant study of the interconnectedness of economic life with cultural life, Trust is also an essential antidote to the increasing drift of American culture into extreme forms of individualism, which, if unchecked, will have dire consequences for the nation's economic health.

Keven Wang

Every time I read a book by Fukuyama. It has to be paperback or hardcover. Since I need to take lots of notes

Trevor Berrett

This is an interesting look at the role of trust in economic development. Fukuyama examines trust and how it creates social capital necessary for efficiency and wealth creation. Though the book is now over 10 years old, the ideas are not getting old. Some of the examples might would be different today, but that is not relevant to the thesis as a whole.

Trust The Social Virtues and the Creation of Prosperity

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