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Raksha Kumar
Freelance Multimedia Journalist
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Raksha Kumar
Community piq
Friday, 21 December 2018

Why we stopped trusting elites (The Guardian)

It has been a decade since the financial crisis of 2008. Now is a good time to revist the past ten years to see where the world lost out. Turns out the biggest deficit has been that of trust. We trust each other less and less. 

Experts say, one reason for the trust deficit has got to do with how the world witnessed the bailout of the bankers who were held responsible for the financial crisis in the US. However, this podcast delves deeper into the disaster that liberal democracies have found themselves in. 

The notion that public figures and professionals are basically trustworthy has been integral to the health of representative democracies. After all, the very core of liberal democracy is the idea that a small group of people – politicians – can represent millions of others.

The very foundations of modern liberal institutions have been shaken in the past few years either due to political upheavals, economic downturn and/or the phenomenon of fake news. 

"A modern liberal society is a complex web of trust relations, held together by reports, accounts, records and testimonies. Such systems have always faced political risks and threats."

The podcast is a fascinating analysis of what went wrong in contemporary politics and how we can save our societies. 

Why we stopped trusting elites (The Guardian)
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