On Anthony Giddens' The Consequences of Modernity (ch.3)

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In the second episode of the Cynical Ideology section of the 2022 Reading Club, we look at what trust is and why it has declined so precipitously in recent decades, especially in relation to institutions. 

Is the opposite of trust mistrust, or is it existential angst? What's the link between the absence of trust and a sense of impending apocalypse? Is money or the market the only abstract entity we still trust? And what about the state?

Reading:

The Consequences of Modernity, Anthony Giddens (1990), ch. 3