The US was close to that back in the days. Maybe it was just nostalgia speaking but I felt a few decades ago, people were so much more "refined" and had respect for each others and themselves.
Then some people took advantage of that. And it devolved. Now we have a country where the presidential candidates insult each other live on TV with straight up lies and deception. And the people cheer on.
So yes, indeed we are having a breakdown of trust and a new paradigm is shifting in. Just that I don't think it is a good one.