Guardians’ reliability can decay over time, defeating static trust guarantees
Evidence
A reviewer provided one example of the dilemma: “In the early days of surety bonding, courts commonly asked the surety to give some evidence of his/her ability to make good if the principal should default. But these statements of financial standing were not kept current, so while a surety may have been financially reliable when the suretyship arrangement began, he/she was not necessarily in good financial standing when the principal actually defaulted years later.” — Shapiro, Susan P., The Social Control of Impersonal Trust, 126
Categorization
- CANDY: A crisp, surprising anecdote: even the surety-bonding system designed to guarantee trust had the same temporal-failure flaw as the trust it underwrote.
- XREF: connects to: System trust rests on trusting that others also trust — Niklas Luhmann, Trust and Power, 261; Escalating trust guardianship distorts the original agency purpose — Shapiro, Susan P., The Social Control of Impersonal Trust, 128; Trust constraint-setting trades false alarms against missed betrayals. — Shapiro, Susan P., The Social Control of Impersonal Trust, 143
Related
- Escalating trust guardianship distorts the original agency purpose (similarity 0.81)
- Even honest guardians may not actually deliver the protection principals assume. (similarity 0.79)
Broader Connections
- System trust rests on trusting that others also trust
#exemplifies(0.80) — Niklas Luhmann, Trust and Power, 261