Guardians of trust are themselves positioned to abuse the trust placed in them.

Evidence

Guardians can lie, misrepresent the safety and security of their services, ignore misdeeds, steal, self-deal, accept bribes, and overlook their own conflicts of interest. Many of the social-control strategies just described are vulnerable in some way. — Shapiro, Susan P., The Social Control of Impersonal Trust, 112

Categorization

• SEED: Angle: the ‘who guards the guardians’ recursion as a structural feature of all trust economies—quis custodiet ipsos custodes made concrete with specific abuse categories.
• XREF: connects to: The very mechanisms that enable trust also enable its abuse. — Shapiro, Susan P., The Social Control of Impersonal Trust, 13; The same features enabling trust also enable agent abuse. — Shapiro, Susan P., The Social Control of Impersonal Trust, 33; Fiduciary duties respond to generic trustee opportunities for abuse through custody, access, and expertise. — Shapiro, Susan P., The Social Control of Impersonal Trust, 66 (+11 more)

Related

• Mechanisms for controlling impersonal trust themselves create new opportunities for abuse (similarity 0.88)
• Even honest guardians may not actually deliver the protection principals assume. (similarity 0.87)
• Guardians of trust are themselves trustees requiring ever-higher-order oversight (similarity 0.87)
• The institutions that police trust are themselves trustees subject to the same agency problems. (similarity 0.87)
• The very mechanisms that enable trust also enable its abuse. (similarity 0.86)
• The same features enabling trust also enable agent abuse. (similarity 0.86)
• Third-party trust guardians create new opportunities for exploitation. (similarity 0.85)
• Escalating trust guardianship distorts the original agency purpose (similarity 0.85)
• Fiduciary duties respond to generic trustee opportunities for abuse through custody, access, and expertise. (similarity 0.84)
• Institutional trust guardians offer advance protection against future agent misconduct. (similarity 0.84)
• Controlling trust creates new opportunities for abuse in an inflationary spiral. (similarity 0.83)
• Guardians of trust are themselves wide open to bribery and cooptation. (similarity 0.82)
• Trust institutions vary dramatically in the guardianship they receive (similarity 0.81)
• The same factors enabling agency relationships create the opportunity for agent abuse. (similarity 0.80)
• Trusted agents face a dense lattice of institutional surveillance. (similarity 0.80)

Broader Connections

• Guardians of trust are themselves trustees requiring ever-higher-order oversight #expands (0.90) — Shapiro, Susan P., The Social Control of Impersonal Trust, 127
• Third-party trust guardians create new opportunities for exploitation. #exemplifies (0.85) — Shapiro, Susan P., The Social Control of Impersonal Trust, 141
• Mechanisms for controlling impersonal trust themselves create new opportunities for abuse #corroborates (0.85) — Shapiro, Susan P., The Social Control of Impersonal Trust, 1
• Overburdened superiors must confer unarticulated personal trust that underlings exploit for influence #exemplifies (0.80)