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Trust and Distrust: Culture Finding Its Way into Economics or the Other Way Round?

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Book cover Encounters and Engagements between Economic and Cultural Geography

Part of the book series: GeoJournal Library ((GEJL,volume 104))

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Abstract

Trust is a constituent of a broad range of social relations, such as interpersonal ties, communities, groups, classes, and societies. It is the basis for different processes within the spheres of economy and culture at varying spatial scales. The last three decades have seen neoliberal principles for organizing the economy becoming hegemonic, pervading social and cultural relations by trying to install an economic way of behaving in everyday life. Trust characterized by the logic of economic rationality has been on the rise. However, the cultural turn tells a different story: economics is something more than mere economic rationality and the role of trust within and between different spheres of society underlies economic relations. This chapter discusses how contributions to the study of trust improve our understanding of the intersections between economic and cultural geography, but also how geography’s focus on place, space, and scale contributes to the understanding of trust. This analysis points to the need to make the political dimension of trust explicit.

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Notes

  1. 1.

    Studies of innovation often focus on understanding the process of innovation, including venture capital.

  2. 2.

    Personal communication to author from informants.

  3. 3.

    The example was provided by an public officer in a municipal water provision and water discharge department.

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  1. Department of Socio-Economic and Territorial Studies, Norwegian Institute for Urban and Regional Research, Oslo, Norway

    Geir Inge Orderud

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  1. , Department of Geography, University of Kansas, Lindley Hall 219 C, Lawrence, 66045, Kansas, USA

    Barney Warf

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Orderud, G.I. (2012). Trust and Distrust: Culture Finding Its Way into Economics or the Other Way Round?. In: Warf, B. (eds) Encounters and Engagements between Economic and Cultural Geography. GeoJournal Library, vol 104. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-2975-9_7

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