Social Credit:from Rational Trust To Benign Economy

The purpose of this article is to query and analyze the saying that "trust can promote economic development", and to redefine the nature, the content and the influence factors of trust, extending the meaning of trust in economic life and human development. Basing on this, we proposed the appeal of "rational trust", and that "rational trust" is an essential prerequisite to the creat of benign economic.We first examined the nature of trust, found that trust is the willingly transfer of a certain amount of resources and authority under the expectation that the trustee will complete the beneficial results in a friendly motivation. After a further study of trust, we distinguished the concept of trust and credit, thus we introduced the concept of credit mortgage.On this basis, using mathematical sociology research methods, we proposed a trust expressions, and put forward the concept of’rational trust’, a kind trust in which process can make the maximum use of credit mortgage and regulation, and can fulfill the need of security and benefits at the same time. In this process, we put forward the five basic conditions of rational trust:profit maximization condition, moral guarantee condition, trust non-difference condition,mortgage rating condition and equilibrium condition in macro-level trust. When these conditions are achieved, the rational trust can exist.Then, we answer the question of how trust can promote economic development, through the in-depth analysis of the market structure, we find that trust can promote the development of economy through the transaction, cooperation and borrowing behavior in the micro level,and through bond, stock and currency in the macro level. On this basis, the economic function of trust is concluded as the ability to create wealth. In the process of the analysis, we believe that rational trust can promote a sustained, stable and enterprising kind of economy development, which we summarized as the ’benign economy’. Hence our core viewpoint:the rational trust can promote the benign economic.Ultimately, how to lead the rational trust to promote the development of the’benign economy’? We believe that a reasonable and effective social credit system can do the job. On the basis of the foregoing research, we digged some concrete results of social credit system, and sum it into the credit system, mortgage system, reward-punishment-supervision system. Thus, our core argument is that:through the construction of social credit system, we can promote the formation of rational trust, and promote the generation of benign economy.This paper is divided into 6 chapters:Chapter 1, general text, put forward the research purpose. The second chapter, a literature review of the historical context and the main orientation of the trust research. In the third chapter, the definition of trust, trust, credit and credit are formally presented.In the fourth chapter, through the analysis of mathematical sociology, the mathematical expression of trust is obtained, and the concept of ’rational trust’ and the five main methods of realizing the rational trust are presented..In the fifth chapter, we made a specific research through the economic structure,to figure out the way that trust affects the economy development. Then we put forward the initial proposal of how to construct the social credit system.The sixth chapter, summarize the full text, and forecast the future research.