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But a high trust society, built up over decades, represents a resource that can be looted by individuals exploiting that trust for their own benefit.

This is exactly the business model of Uber, AirBnB and other "disruptive" companies that extract profits from side-stepping regulations that their competitors bear the overhead of complying with. People have seen the powerful and wealthy getting away with it - Uber is still in business no matter how many times courts find that their employees really are employees - and so try it themselves.



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