It’s standard reputational logic, or what people here are fond of calling “Newcomb-like” problems: only if enough people behave well enough will counterparties treat the public like they will behave. Trust is valuable, and social trust especially useful.
I don’t see the relevancy to this subthread. You are not trying to say that if only everyone trusted large, not particularly high-functioning corporations everything would be just peachy—are you? X-/
Besides, trust them to do what exactly? I trust the airline to not deliberately overcharge my credit card and to not sell the information that I will be out of town to some burglars. I do not trust it to the extent of “Eh, just charge me whatever price you think is fair”, I am not going to trust it to that extent, and I think it’s a good thing, too.
I don’t see the relevancy to this subthread. You are not trying to say that if only everyone trusted large, not particularly high-functioning corporations everything would be just peachy—are you? X-/
Besides, trust them to do what exactly? I trust the airline to not deliberately overcharge my credit card and to not sell the information that I will be out of town to some burglars. I do not trust it to the extent of “Eh, just charge me whatever price you think is fair”, I am not going to trust it to that extent, and I think it’s a good thing, too.
P.S. I two-box :-P