1989/07/01 by David Rudner, David West Rudner · 1 citation
Social Sciences · #Anthropological Studies and Insights
paper · doi:10.1017/s0026749x00009501
The notion of ‘banker's trust’ has a paradoxical quality, like ‘burning cold’ or ‘military intelligence.’ Common sense (another paradoxical notion) tells us that bankers have no trust. Perhaps this explains the appeal of Marxist and Weberian assumptions that capitalist economies tend to destroy pre-capitalist social formations based on trust. From the classic perspective, ‘primordial’ social ties mandate relations of trust (or something like them) in kin groups and castes only so long as the members of these groups do not operate directly—as bankers do—within a capitalist economic system.