RE: A Man And His Word...

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A Man And His Word...

in life •  7 years ago 

It goes without saying that trust is one of the building blocks of our society and life as human beings. Without trust, humanity would never have made as much progress as it did in the last two thousand years, or indeed, since the dawn of time.

It is interesting to note that low trust societies and high incidence of poverty go hand in hand, while high trust societies have very low incidences of poverty. That is to say that in a place where the trust which individuals possess is low means that the whole of that individuals society will be worse off.

I am also reminded of a quote from Profession Fukuyama who said

Low trust societies pay a trust tax which hinders the flow of credit that high trust societies do not have this burden imposed upon them.

Nice work!!

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Thx @kopt33