A review of Trust: The Social Virtues and the Creation of Prosperity, by Francis Fukuyama.
About the Author
S. Gordon Redding, Poon Kam Kai Professor of Management Studies at the University of Hong Kong, is the author of The Spirit of Chinese Capitalism (1990).
Capitalism is often blamed for democracy’s ills. But much of the blame is misplaced. It is not business capture of the state but rather state capture of business that poses…