One thing I am unclear on is (if we know) why trust was decreasing.
That’s beyond the scope of this post. I presented some studies that point the finger at rising inequality, but it’s probably more than just the increase in wealth disparity. If I had to guess, social trust is probably also one of those common goods capitalists are burning when maximizing shareholder value, but I’d have to look into it more.
The goal should obviously be to increase trustworthiness, but since that’s (at least somewhat) subjective, I would settle for increasing the benefits that come with high-trust-societies I mentioned in the post.
That’s beyond the scope of this post. I presented some studies that point the finger at rising inequality, but it’s probably more than just the increase in wealth disparity. If I had to guess, social trust is probably also one of those common goods capitalists are burning when maximizing shareholder value, but I’d have to look into it more.
The goal should obviously be to increase trustworthiness, but since that’s (at least somewhat) subjective, I would settle for increasing the benefits that come with high-trust-societies I mentioned in the post.
Fair enough, all good points.