the.com/institutional trust
believing the building will hold you up even though you've never checked the foundation.
means the collective bet that hospitals, courts, banks, and governments will do roughly what they claim, so individuals don't have to verify everything themselves.
from emerged as a formal concept in mid-20th-century sociology, especially through thinkers like niklas luhmann, who argued that trust in systems replaced the personal trust villagers once had in people they actually knew — modern life got too big for handshakes.
scales strangerslets billions cooperate without ever meeting
collapses slowlythen all at once, per one scandal
costly to rebuildfar easier to lose than earn
measured yearlyedelman trust barometer tracks its global decline