Trust Lecture - What is Trust? Trust: "Confidence in...

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What is Trust? Trust: “Confidence in or reliance on some quality or attribute of a person or thing, or the truth of a statement” OED Trust: “Confidence in One’s Expectations” Luhmann 1979
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TRUST AND TIME Trust has a temporal dimension – i.e. we place trust in something or someone in the present (time T 1 ) and we see whether that trust has paid off in the future (time T 2 )
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Trust and Social Order Trust is the basis of social order. Without trust no society could work. When routine trust breaks down, societies start to break down. Example: the anthrax scare after 9.11
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From Personal Trust to System Trust In some earlier societies trust was based upon personal trust – that is we trust the individual person and have confidence in them to, say, look after your money. Personal trust still important in rural societies. Most modern Western societies are based upon system trust – I trust my bank to look after my money rather than my individual bank teller.
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The I-Pod example I give my I-Pod to a stranger to hold for a couple of hours while I go shopping. On my return, the stranger and I-Pod are
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Trust Lecture - What is Trust? Trust: "Confidence in...

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