Jonathan Sacks - Nowadays deals are transactional rather than personal. Instead of placing...

Nowadays deals are transactional rather than personal. Instead of placing your faith in a person, you get lawyers to write safeguards into the contract. This is an historic shift from a trust economy to a risk economy. But trust is not a dispensable luxury. It is the very basis of our social life. Many scholars believe that capitalism had religious roots because people could trust other people who, feeling that they were answerable to God, could be relied on to be honest in business. A world without trust is a lonely and dangerous place.

Jonathan Sacks

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Jonathan Sacks Quotes

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Nowadays deals are transactional rather than personal. Instead of placing your faith in a person, you get lawyers to write safeguards into the contract. This is an historic shift from a trust economy to a risk economy. But trust is not a dispensable luxury. It is the very basis of our social life. Many scholars believe that capitalism had religious roots because people could trust other people who, feeling that they were answerable to God, could be relied on to be honest in business. A world without trust is a lonely and dangerous place. Jonathan Sacks

They Said So®

Keywords

nowadays deals transactional personal placing faith person lawyers write safeguards contract historic shift trust economy risk dispensable luxury basis social life scholars capitalism religious roots people feeling answerable god relied honest business world lonely dangerous place

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