Fukuyama on Social Capital and Prosperity

Paper Summary:

This paper is an analysis on Fukuyama's work titled, "Trust - The Social Virtues and the Creation of Prosperity". The focus of this analysis will be directed toward the goal of understanding why he thinks that those countries with "greater social capital", will have a greater "industrial structure" in order to better able itself to compete in this economy marked by an increased degree of social and cultural integration. It will be argued that social capital essentially involves a 'decrease' in traditional forms of vertical thinking, and in particular, the patriarchal order of family structure on the one hand, and the paternalism which is witnessed in the form of the social or cultural ethos of strong centrist religions on the other hand.

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