. A trust Paradox ‘Find new report distrust in capitalism, government and global institutions – Despite a strong economy

A new report has found widespread distrust of social institutions – defined as government, business, non-governmental organizations and the media – despite a strong global economy, a phenomenon that one as the report concludes that people’s fears about the “trust” paradoxical. the future of this trend are the driving force, and proposed the creation of priorities balancing abilities institutions with ethical behavior of confidence of the new audience. The report “Trust Barometer 2020” was prepared by the communications firm Edelman conducted the survey that they were for the last 20 years. The barometer, which aims investigation trust and credibility in the world are usually begins to release World Economic Forum in Davos, Switzerland, which began on Tuesday. The 2020 Barometer interviewed more than 34,000 people in 28 countries. Despite the strong global economy in the report it found that 56% of respondents consider capitalism as it exists today is doing more harm than good in the world; said less than a third of people in developed markets, they believe that they and their families will be better in five years. The report found that 83% of employees are losing their jobs reasons, including concern automation worldwide, the threat of recession, lack of training, cheaper foreign competition, immigration and the gig economy. “We live in a paradox of trust,” said Richard Edelman, CEO of Edelman, in a statement. “Since we started the trust of measure 20 years ago, economic growth has promoted an increase of confidence. This continues in Asia and the Middle East, but not in developed countries, where the inequality of national income is now all the more factor important. the fears are stifling hope and cause assumptions about long-time hard work upward mobility, the barometer are now invalid “found that none of the four institutions, asked -. Politics, business, non-governmental organizations and the media – are reliable ranked. The richer, more educated people trust institutions than the rest of the population, a gap that describes more than “mass class” Trust divides. The report noted that this gap reached a record level of a record number of countries. The survey also showed that confidence in technology companies decreased significantly, down four points overall confidence in the technology sector 2019-2020 and significant drop of 10 points in France, eight points in Canada, Italy, Russia and Singapore , and seven points in the United States sixty percent of people answered that the pace of change in technology was too fast, and 66% responded that “care technology will make it impossible to know if what people see or hear is real. “Similarly, respondents are interested in obtaining accurate information. Fifty-seven percent agree that the media “are false messages used as a weapon” they “contaminated with unreliable information” consume, saying 76% of people who care – an increase of six points from 2018. There is also a lack of faith that the government can address these issues. Sixty-six percent of respondents said they did not have confidence in the fact that “our leaders will be present able to succeed in our country challenge.” Only 46% said they trust the people religious leaders, 42%, he said that the government and 36% said they trust the richest confidence. On the positive side, 80% of respondents said they trust scientists, 69% said that they trust “the people of my community” and 65% said they trust “the citizens of my country” . The jurisdiction with regard to ethical behavior “Expectations have brought people from institutions to develop our model, the confidence to measure,” he said Edelman. “Trust is granted in two different attributes today: competence (the promises) and ethical behavior (to do the right thing and to improve the functioning of society.) It is no longer just a matter of what you do; it’s like you do it. “Significantly, the barometer found that no institutions were considered to be competent and ethical. The agreement was seen as competent and NGOs were seen as ethical, while the government and the media were not to be seen as. The report found that people are three times more likely to trust a company if they think acting ethically, not only competent. It also found that employees their employers should act ethically, said 92% of the employees that their employer CEO “talk” for his important on issues such as income inequality, diversity, ‘ ethical use of technology, climate change and immigration. “After monitoring 40 companies worldwide over the past year from our Edelman Trust Management Framework, we learned that ethical drivers such as integrity, reliability and purpose unit close to 76 percent of the foundation’s capital the company, while the competence for only 24 per cent has to offer, “said Antoine Harary, President of Edelman intelligence. “Trust is undeniably connected to do what is right. Be fought the battle for trust in the field of ethical behavior.”
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