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What did Fukuyama argue in his book "Trust"?

  • Economics Over Culture

  • Culture Cannot Be Separated from Economics

  • Trust Is Overvalued

  • Decline of Western Trust

Answer

In his influential book, "Trust: Social Virtues and the Creation of Prosperity", Francis Fukuyama posits that societies characterized by strong social networks and generalized trust are more conducive to economic success. He argues that this generalized trust is rooted in shared social norms and cultural values, which facilitate cooperation, reduce transaction costs, and promote economic growth.
The Fukuyama Phenomenon: Testing Your Knowledge of a Political Intellectual

The Fukuyama Phenomenon: Testing Your Knowledge of a Political Intellectual

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