Something Weird is Happening in South Korea
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- Опубликовано: 5 фев 2025
- South Korea, often hailed as a model democracy and economic powerhouse, hides a deeply charged political landscape shaped by decades of authoritarian rule, societal divisions, and economic stagnation. From recent attempts at martial law to challenges like low birth rates and gender inequality, the nation faces mounting pressures that threaten its stability. As a critical player in global geopolitics, South Korea’s struggles offer a stark glimpse into the challenges facing modern democracies.
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Context Matters is Produced by @EconomicsExplained and @TheRedLinePod .
North Korea: 1984
South Korea: Cyberpunk 2077
Two korea chaos😂😂
North Korea: Kim Dynasty
South Korea: Samsung Dynasty
So true
nope now it‘s corrupted by the left.
In the same vein,
North Korea: "Democratic" People's Republic of Korea
South Korea: Republic of S̶a̶m̶s̶u̶n̶g̶ Korea
Horse-shoe theory hard at work
South Korea: Can openly protest Samsung & controversial martial law on the street, making the president impeached
North Korea: Protest? Get unalived instead.
Corpo A: "Working the population to death is causing people to stop having children, which will doom our nation and economy!"
Corpo B: "I know just the thing! Work them HARDER!"
Corpo A: "My god that's brilliant!"
This is a problem even in places that have much better work-life balance, like in Scandinavia. And no, not cos of housing costs, the other popular thing to blame for this (Japan has a DEFLATIONARY housing market for instance, and their population is still plummeting). This is primarily a cultural issue imo, and no by that I don't mean it's specific to any particular culture, but rather that attitudes have generally changed across generations. There are cultural factors that are able to overcome it too, where economic interventions (like cash payouts) have largely failed. For instance highly religious communities tend to have large families, even adjusting to compare them with their non-religious economic peers. This holds across different religions btw. And ofc poor communities have large families too. There's on big thing both those groups have in common, and it's neither their number of working hours nor how affordable housing is for them. There's a reason for the huge gender divide in SK right now, which is happening all across the developed world as well, and it directly has to do with that common factor shared by the poor and the religious...
An interesting point for you to ponder might be to ask some of your middle or upper class friends who say they'd like to have children just how many kids they'd like to have. This is just the subset of people who want kids, so it's already skewed. Still, you'll mostly hear 1, 2 or in a few cases 3 kids (unless they're highly religious or something). Now ask your great grandparents how large families used to be in the old days. You'll hear numbers like 5 - 12 or even more. Mine had 10 siblings! Yet almost no one wants such large families anymore even if money was not a factor. And keep in mind that the replacement level birth rate is 2.1, so fewer people choosing to have 1-2 kids is already below replacement. And you can see this in the ultra rich - money isn't a problem there, but they still usually have only small families.
i just dont understand why they work so hard.
@@regorflora7915 they industrialized recently. in agrarian society poeple are use to work very long days during harvest season. How when this carry over to industrialized society end work your self to death harvest season never ends. Also high competition for top jobs also cause over work. how over time people realized they are work too hard and start more work life balance. then there is differences between Japan and South Korea. Japan has less mega corporations. Of course there old corporations that still have long work hours exceptions but some Japanese do part time work to have more reasonable work week.
@@ArawnOfAnnwnyou can’t compare Scandinavian countries birth rate with South Korea, they are 2x-2.5x higher even if below replacement . Yes it’s a global problem but places with better work life balance have more children
Says they weren't slaves, goes ahead to describe slavery
they have the longest slavery system in the world and like any long running social system it effect tradition and norms and you can find that easily no by reading history but family names cause slaves not allowed to have family name or get buried in the land cause slaves not allowed to own land as well so yes in 21st century they have element of slavery
Slavery was common in Korea into the early 1900s. The Japanese ended slavery, but introduced a form of contract labor that was worse than slavery. The US Bill of Rights outlaws "slavery" and "involuntary servitude" because they understood that "slavery" is a specific, narrowly defined, legal concept, but there are many other equivalent forms of exploitation.
I might be off, but I think I read that Korea used to have the largest slave system in the world not that long ago, prior to the Japanese occupation
@@robertschill2686 The forced laborers were actually paid, a pittance far too little for anything other than a marginal survival, but that makes them technically not slaves.
@billparrthat’s so cool, thank you!
Many Koreans are easily swayed or influenced. Emotional media drives manipulation. As a Korean, I can tell others in different countries
It's sadly a reality all across humanity, it is a sad side effect of our trust in the wrong people we cannot identify as such. I am an Indian, Our state elections were won by the political parties promising regular monthly payments to poor women(not that well off people didn't claim it, ironically) and securing votes by saying they'd increase the amount if they won. And the worst thing is, those glorified bribes came from the tax payer's money, that is, government funds. I support relief for the poor, we aren't rich either, but they pushed this scheme right around the election time, advertised it heavily, built their campaigns on this and everything.
극단적인 집단주의라서 놀랍지도 않아요
Same here in America
Same in the UK
It’s basically a cyberpunk dystopia without the cool cyberpunk stuff
just the cyber without the punk
The night life is some what cyberpunk, and body cosmetics are rampant. I guess so lol
니네 나라는 안 그럴줄 알아?
I promise you can find a doctor in Korea to install an experimental medical device like prosthetic eye or leg. It's cyberpunk.
cyberpunk but everyone is forced to play as a corpo
hey, it's that guy!
@billparrthats so nice, thanks
'Something weird' has been happening in the whole Korean Peninsula since 1910 lol
25 year old South korean here.
Highly agree that we(SK) are twice or maybe triple speed on "rise and fall" clock.
We grew too fast. Soon will fail rapidly.
So probably a dumb question: I kept on coming across an opinion, which I believe is valid, is SK has everything concentrated in one city, Seoul.A South Korean who is in Seoul, if they wanted to move out to country-side, would there not be any prospects of having decent enough life?
@@neelroy2918Most of high-income jobs and infrastructures including universities are concentrated only in Seoul. In other regions, your salary will be much lower than what you can expect in Seoul. Due to this reason, the quality of life in rural areas is getting worse as time goes… kind of vicious cycle
I don’t know whether it’s decent life to live outside Seoul…
Recently bank of Korea announced that educational achievements highly depend on where you live(due to the Hagwons in Seoul Daechi-dong). Likewise living in Seoul might determine one’s social success.
Also, considering that the cost of housing is extremely high in SK(compared to GDP), it is inevitable to live in Seoul to make money.
@neelroy2918 In sk, levels of university decided by distance from Seoul. That's how crazy it is. We are facing "Local Extinction". Why would one even think of leaving Seoul?
@으아아어어엌 Sorry I didn't give my definition of decent life, so here it is: 3 good meals & few activies to enjoy (excercise, some learning, entertainment). The things that botch this plan *for me*:
1. Healthcare - we don't have state provided healthcare and cost for it is rising. But I think South Korea has state provided healthcare. Does that reduce burden?
2. Money for post retirement: This is a biggie. We don't have state provided pension
etirement benefits; we are on our own. With good healthcare you can expect to live 100 years with last 10 or 20 have to assisted. Doesn't SK have state provided retirement benefits (of course low birth rate is going to botch that but anyway)?
So generally there _can be_ two models:
1. Work until 75-80: I understand younger generation might have to do that anyway no matter where they are.
2. Stay in Seoul, earn enough money and retire: Problem with that, there is no such thing as "enough money". In 20 years, unless you are third generation Chaebol, you calculations won't hold.
If both of my assumptions above are correct, would it not make sense to at least *evaluate* , _not_ jump into it, whether you can move away from Seoul?
I know it feels like defeat, especially if you are young but as you grow older your priorities change.
In here one different model I see is work until your retirement and then move to your native place. Is that something SKs do?
"Geopolitical powder keg tied to the world's scrotum" was not a phrase I was expecting to hear, but it should be used more commonly.
Agree to disagree
Disappointed references to this aren't the #1 comment... but happy it was here.
Yeah, S Korea looks great on paper but people feel powerless there.
what are you on about....? which country can impeach their president in a matter of weeks? not once, but multiple times...? .... "powerless"..
@@PolJoon Maybe they mean powerless economically, or in terms of social mobility? Unless you're from a Chaebol family.
@@PolJoon With or without the people, the results of the impeachment wouldve happened. What Tealion is saying is true. Quality of living even as young as an elementary school student sucks. It's sad when the happiest moment for most korean men is the military service and when getting shit faced at a pub/karoake.
@@PolJoonis this a sarcasm? So powerful that any sons and daughters of gazebo have lifetime get out of jail card.
뭐라는거야?
Same problem in all developed countries, just more severe.
Those really stuck in their stock shares will never admit that the way our non-capitalist system is currently set up is slowly pushing the entire species toward decline.
@@VariantAECBingo!!!!!!!!!!🎉
south korea's stock market, the KOSPI, has done a pretty good job illustrating the problems they are facing. their economy has been growing at a much slower pace since 2011 and was significantly slowing before 2020 (from ~2016/2017 to 2020). they experienced a boom in growth post-2020 like everybody else did, but since then things have reverted back to the mean (or seems to have cratered in the lived experience of the korean people). hence the bubbling of political tensions coinciding with the EXTREMELY high cost of living. doesnt help that their entire lives are dedicated to schooling and succeeding in the work place that is dominated by like 4 megacorporations. not a good look for SK's future if things dont improve
Forget growth, people have to learn to live with far less if they want to adapt to the future. And for South Koreans, they didn't have much to begin with, which is scary.
South Korea is not suffering from "EXTREMELY" high cost of living. God people don't know jack $hit, just wants to talk bad about Korea to feel better about whatever 3rd world country they live in. lmao
There's nothing funnier than hearing a foreigner from a developing country who doesn‘t even live in Korea explain Korea lol
@@user-tf8rn4xh9w what? it's the in the data lol. there's a reason why SK has increasing reports of depression, one of the highest sui*ide rates in the world, and the lowest birth rate in the world. im just speaking from the data and numbers dont lie. it costs like almost 300k to raise a child to the age of 18 in SK, only rich people can afford that and your entire lives are dependent on which school you get into and which of the chaebols you work at. i dont have to live in SK to know whats happening lmao
@@user-tf8rn4xh9w what? im american. and the numbers dont lie lmao
North korea = starving to death
South korea = working to death
LOLLLLLLLLL
We should realize that GROWTH is not infinite. There are limits to growth and often the prime limiting factor is Demographics. After the Korean War, the US stuffed billions into the country, and the medium age and number of children born to South Korean women then was a very different set of numbers than we see today.
Societies age. And large countries sometimes start to break up, while smaller ones unify.
Also, they are trying to push a population harder and harder in the workplace to force more growth after the market/economy is already doing everything it feasibly can to serve the citizenry with the current level of tech. This makes it nigh-impossible to sustain the population, which destroys growth. The current paradigm of equity-driven investment is pretty much destined to go this way eventually wherever it is implemented IMO, because without growth everything goes to hell when the day-to-day running of the economy depends on assets continuing to "grow", but growth cannot continue in all sectors consistently forever. Some sort of growth-neutral market model is needed - a paradigm where profitability is a sufficient condition for a firm's continued existence, and continued increase in profits is "nice to have" rather than essential.
It seems like the issue is that everyone wants to live in Seoul. The problems I hear in this video; being overworked, incredibly competitive working environment, corporations controlling everything, etc. seems to be the same problem that we have here in Hong Kong. The main issue is that Hong Kong is practically a city state; there is nowhere else to live in Hong Kong other than the city; and what non-retirement age Hong Kong person would willingly choose to give up their westernized lifestyle to live on the mainland?
But there’s more to Korea than just Seoul, so my question is why don’t Koreans prefer to live in the countryside (where I’m sure they will not face the same level of challenges listed in this video as they would in Seoul, or even Pusan) and start a business there & help develop the countryside more; especially since Koreans have a reputation of being the most entrepreneurial of us oriental Asians (I.e: Chinese/Taiwanese or Japanese).
Even in Japan, as collective as they are, there’s more to Japan than just Tokyo.
I’m guessing they just do what normal people do: follow where the jobs. Anyone gets scared to go out into a rural area where it might be more difficult to find a job that pays well. Same here in the U.S. Rural areas are cheaper but the jobs in that area pay waaay less which is why poverty is no stranger to rural areas or the southern United States here. Tbh I think people born in the rural areas should just stay there to be a network than try to go expensive cities and figure out a way to be more individually successful.
If you have lived in SK, you will realize that its not a true first world country at the same level as Australia, Switzerland or Denmark. Its more like a sovereign version of Shanghai. Behind the glitz and glamour are a lot of people struggling to make an additional 10,000 won and picking cardboard boxes.
That's the same everywhere not Scandinavia tho
@horatiuscocles8052 Among OECD countries SK literally has the highest incidence of elderly poverty and the highest percentage of self-employed people.
Cardboard recycling business can be quite lucrative. Just saying.
Australia is definitely not doing well. I'd go as far as to say every country in the world that you think is doing well, is suffering what South Korea is right now. No one wants kids. We're being driven to death by work. The ruling class don't give a shit and are killing us. Corporations don't give a shit and are killing us. And we're either too stupid or downtrodden to stop it. The world's boned, and no one cares.
As opposed to all the homeless people in the US panhandling and stealing?
It’s crazy that the respective sides of the Korean communist-capitalist dichotomy developed into the most extreme, borderline parody examples of those ideologies. NK a cartoonish dictatorship proclaiming to be communist, but is the antithesis: a tyrannical monarchy. Meanwhile SK is basically a cyberpunk dystopia.
Except SK still has the cyber shine...there's no post tech with things falling apart. They're still high tech
People say that South Korea is the real Cyberpunk dystopia, but it's actually Texas.
Wow the babying of yet another communist regime who has followed in the classic communist tradition of mass starvation of her people. If all communism leads to mass starvation as it has time and time again when exactly is it, that people like you are going to stop saying "not real communism"?
NK is the most communist country still around, and that's precisely because it's a cartoonish dictatorship. Communist ideology centers around controlling income, to do that you need to control people, to do that you need an overwhelming central power structure, and for that you need a singular will at the helm, a dictator. Everything is working as intended, there are no private monopolies in NK, only state ones since it has a monopoly on force.
“It wasn’t real communism” lol
The primary division of S Koreans politically is the growing huge gap between the top few wealthy and the rest of the working class and poor. Additional issues are the faction between Socialist and wealthy anti socialist class. Also, this huge wealth gap was partly caused by pro Japanese traitors during the Brutal Japanese occupation who benefitted by betraying their own countrymen during the Japanese occupation. Even today, major conglomerate owners are descendants of pro Japanese traitors whereas most of the descent of Korean resistance fighters wound up either poor or killed or got stuck in Russia and Northern China and they paid a heavy price for their patriotism. The future outlook for Korea is gloomy unless the N and S Korea are Unified and complete overhaul of their Chaebol power that is literally strangling the average Koreans. And both of these happening in the immediate future is highly unlikely.
wait, isnt this economics explained?
It’s his second channel, one that looks more closely at geopolitical issues.
This guy plus the fellow from The Red Line Podcast.
@@abrakadaver7495 why would you say that when the channel reads “context matters”?
Geopolitics and economy are interconnected.. maybe one day it could be separated..😔
You cannot separate economics from politics and geography
I'm guessing that there are a lot of folks who don't quite comprehend how little corporate entities care about human existence. The corps are human artifacts currently using humans to fulfill their one and only goal, the bottom line. Once the AI/Robotics kicks in, we're in for interesting times.
Korea historically has had such ridiculously stratified cast systems for eons that date back well before industrialization. Corporations today, globally, have forgotten that people are their workforce.
I do agree that big companies are working hard to replace people, but without any earners, there are no buyers, and the economy still falls apart. This is irrefutable basic economics and, as such, suggests shortsightedness amongst most big corporations, but this also assumes that maybe human labor can be 100% replaced, including maintenance of the machines that will replace us, sometime within our lifetimes.
The base point still stands; how does the economy move when buyers no longer exist?
It’s funny that there’s a whole growing (!?) political movement, libertarianism, which is completely built on this assumption
I just want to say thank you for telling the truth about the Japanese occupation of Korea. When most content creators bring it up, they almost speak about it positively saying things like the Japanese modernized Korean cities and infrastructure and commenters end up singing the praises of Japan.
While the Japanese did modernize Korea, they didn’t do it out of the goodness of their hearts for Koreans but to be able to bring more Japanese people over to displace Koreans ala Israel and Palestine but arguably worse. On top of the brutality you mentioned, a lot, ironically, much of the modernization was done by Korean and Chinese slave labor and they weren’t even allowed to use the things they built. Many were even killed afterward so that working conditions and building secrets wouldn’t be exposed.
I lived both in Korea and US and experienced the political landscapes of both countries through media and people around me. I am seeing the same thing in the US.
Every capitalist society is basically oligarchic .
American people don’t wave Korean flag.😂
@@DEEYANASE yes very weird. It’s the old Koreans, who went through the Korean war mostly wanting the US flags during demonstrations. They think the US is their blood ally. It’s because they fought alongside the US military against the North Koreans and Chinese during the Korean war and also in Vietnam. The young kids do not necessarily share the same level of sentiment. They look at US as an ally against the fight with the Chinese and Russia.
"Authoritarian Martial Law Leadership" is a kind way of saying MILITARY DICTATORSHIP.
As someone from a 3rd world country, even though South Korea has lots of problems, they can at least easily move to another countries since they are so wealthy and plane tickets are so affordable.
Meanwhile, here where I live, not only is life hard, but if you want to move to another country you will have to save your income for almost a decade. We are basically held hostage by poverty imposed by the government (everything is taxed into oblivion and becomes unaffordable)
To fans of K-dramas, I recommend Youth of May. It is a drama with an air of melancholy set in the period where South Korea was under martial law.
Watching today’s political turmoil is so much fun. 😂
@DEEYANASE The drama has a romance and everything. I loved the climax.
PS: I was depressed at the time.
@@DEEYANASEYeah things are much chaotic in South Korea these days
@@LanguageLearning13 The drama was great. I normally dont like recent historical pieces like around 20-80s but this was great.
That socioeconomic situation sounds like an extreme version of Japan, either in good or bad ways...
lived in South Korea for last 11 years,, this video is spot on
Appetently u didn't
Basically keeping the people running on the hamster wheel making them blind to what actually matters
Great analysis but side point - The image of a "powder keg strapped to the world's scrotum" was way too funny to be in a serious video like this, I nearly spat my drink!
Dark humor my guy. Learn to appreciate it.
Global economic growtj has been slowing since the 70s. Two reasons i aee for this are that companies no longer wish to invest in physical infastructure by making more products and hiring more workers. Instead they aeek to inflate the price of assets to provide the illusion of growth (housing stock ect). The other reason which is connected to the first is that our entire global capitalist economy is powered by non renewable resources that we became painfully aware we were going to run out of.
7:28 this is Japan, not Korea. Just pointing it out.
???? Koreans don’t have problems with getting fed???
@@jun8569 I mean the clip at 7:28. It is showing a street in Japan, while the topic is about Korea.
Good overview of the political, economic and social problems facing South Korea.
North Korea: Concrete dystopia
South Korea: Neon dystopia
How about the concrete walls at airports in South Korea?
Nice to hear y'all will work on another south Korea video soon. Love to learn more about their special interest groups and cults
it's on his main channel
8:01 how are Korean men “overwhelmingly conservative” when they are 20 points deviant from 0 and Korean women are 30 points?
You... Either don't really know how to read graphs, or you have a big calimero complex
Dude read the “libs” and “conservative” on the graph
There's a reason why South Korea is the source of inspiration for "Squid Game" it's a country suffering under the growth of hyper-capitalism.
Isn’t Squid Games literally a South Korean production?
@@ericlizama8552yes. It’s a cry for help
They copied Kaiji, which is a Japanese ip
@@ish1712kanji is also a copy from western dystopian novels.. 🤦🏻
@@jun8569 Can you reference them? I need some new novels.
Korea's divide is not East-West, it's North-South.
I just asked the Internet and it said that the HDI for the US is 0.927.
So, not too bad I suppose. It's a number.
What I like to ask about America is what is the Average Income and what is the Medium Income.
For 2023 the United States had:
Average income for all US citizens in 2023 was $69,029 and the Medium income for the same year was $80,610.
dude💀 Here in Austria, median gross income is €35k. I feel poor compared to the US😂
@@NoctLightCloud Thats brutal man, fast food workers make $35K/yr here.
Excellent video. Thank you.
The video is quite poor because it merely compiles a list of facts.
While it may be useful for someone who knows very little about South Korea, I expected more from this channel.
If I were writing the script, I would explore the impact of Neo-Confucianism on South Korea, as well as the consequences of its rapid industrialization, which left society little time to adapt. These things could provide an explanation of what is going on and what is to come
Confucianism is why S Korea is one of the East Asian tiger economies instead of a failed third world state.
Where is the video with South Korea's economics mentioned here? I can't find it on the channel.
meh, corporate domination and living costs are global issues
7:30 that's not even a footage of Korea, that's Japan 😂😂😂
Economics Explained is now Context Matters?
he realized his economic analysis is so bad, he needs to rebrand to something else where you can just talk for at least 10 minutes without saying anything
It’s a second channel so he can take out some politics out of the first channel
@@sohn7767economics is inherently political. It’s not a science no matter how many graphs and formulas economists try to make up
@@ska187 that’s why I chose the word *some*
Fantastic analysis as always
2:34 Ah yes, the famous divide between East and West Korea..
I believe he's referring to the 'east-west' boarder _line_ drawn between the two countries.
"Requesitioned to work against their will." 😂
I am studying abroad in South Korea in just two months. I will be interested to see how the situation develops!
We need to start quantifying intangible abstract forms of wealth, whether directly or via numbered proxies. Only then can we begin to conceptualize en-masse the trade-offs that come with chasing financial profit above all other things.
I love this dude's narration voice and style.
Aaahahaha I love this “EE Unleashed” vibe. All the stuff you always wanted to say, but couldn’t 😂😂
Love it!!
Dude, how many channels do you run? I heard this Aussie accent before!😊
All industrial countries see birth rate declines. Women chase careers instead of wanting to be moms and prices surge for housing etc making two incomes with no kids more viable. I’m lucky enough to live in Texas where i can work and my wife can afford to stay home with our three kiddos
This is happening everywhere.
EVERYWHERE!
Even in the famously high birth African nations, their birthrates are falling. Nigeria isn't exactly an undeveloped nation either, and the birthrates in that nation are rapidly falling. There is some problem with our global system deeply ingrained that must be fixed soon. Humans will still hold back when times are tough. The baby boom shows us that when we can, we will procreate. What was different then than now aside from thoughts of impending catastrophe?
Oh, right, that the people afraid that they could be wiped off the face of the Earth could nearly afford to raise 8 babies per household on a single income. That was different.
What needs to happen is it needs to be affordable for families to live off the man’s income and wife stay at home with the kids
Otherwise we won’t experience that growth of music, sports, technology again…
People here in America are asking the same questions, namely "What is a better life?"
Well it's not relying on Media to tell you what your values are. Not relying on staid and predictable Bureaucracies like Religion, the Education system and Government to tell you too.
And a lot of Kids like my son's in their early 20's are NOT in a hurry to marry or even graduate "on time from college" and I am definitely NOT pushing them to either. And get this, I am telling them stuff like, "Most of the Crap the Media is trying to sell me I don't want to buy." or "You can't get divorced if you don't get married." or "Study what you are interested in, not what you are told makes a lot of money. Because I can't tell you where the jobs of tomorrow will be or what you will be doing. But if you like what you are studying a lot, you will find a niche somewhere."
How about those life lessons?
Oh and I forgot, I say, "Money is a tool like a hammer, NOT to be worshipped." or "The money I have invested, I don't ever plan on spending on me, so I hope you inherit everything I now have and more."
Lastly, I tell them, "I go each year to your mother's country, and I reject the notion of Bucket List destinations. They are like dating, cheap and temporary and people spend a lot of money and learn next to nothing."
Talk about going against the trends.
The currently ongoing turmoil in Korea is not about foreign interference. Regardless of the rationale behind the illegal declaration of martial law, the Korean Constitution prohibits any attempt to block the functions of the Korean Congress. According to the constitution, the congress only can invalidate the Mr. Yoon’s illegal declaration of martial law. Mr. Yoon must face either capital punishment or life imprisonment. If Mr. Yoon believe he is not guilty, he must show up in a court of law and justify his declaration of martial law. To date, he repeatedly ignores court orders. In addition, many other serious criminal charges point out toward him. I hate to say this, small number of people you saw on this video are Korea-native Nazis and even they have no idea why they wave US flags. We Koreans will and must get over the misbelief that elections were rigged. Take care.
한반도는 미국 중국 러시아 일본이 서로 얽혀있는 중간지대라 각 세력간 주도권을 잡으려고 하지만 한국인은 그 세력간 다툼을 이용해서 한국에게 유리하게 이용함.. 한반도가 통일되면 주변국가에게 큰 타격이 됨
And who do you suppose is supposed to yield to the other if they’re unified? I don’t see N. Korea yielding at all to S. Korea as long as the family dictatorship stays in place. Only thing I see, if the people of N. Korea take the power into their own hands in order to unify the 2 countries and stomp out the dictatorship.
I am curious why you describe South Korea as Economically stagnant. If compared to all major economies in Europe its having pretty impressive growth. Its neighbour Japan couldn't even dream of having as high economic growth as South Korea and GPD per capita recently actually surpassed Japan.
No westerner wants to visit South Korea in 2000s and 2010s unless they are there for jobs. Many areas that we know today in Seoul were still in development. I don’t claim to know everything about South Korea, but as Cambodian who have consumed K-pop and K-drama since late 2000s, I just can’t help but applaud South Korea’s success. But unfortunately today, they are being milked dry by bunches of money-hungry RUclipsrs with nothing better to do than gossip, **cough cough** journalism.
ayo is this economics explained bogan
Congratulations to both koreas for making dystopias of both economic ideologies
Average income is going to be higher in a country with a few mega rich people, but the averge joe isn't actually much better off the south, especially when comparing urban populations. The north is a hellscape in the countryside, but the cities are better than you might think. Would still obviously live in the south, but it's not anywhere near as economically successful as advertised for average people
Totally agreed. South Korea’s elderly people are very poor and average people are in enormous debt.
You lack understanding of South Korea. Why did you make this video?
And worse, you hardly even talked about the actual issue of the division. less than 3 minutes.
When N Korea is the more stable of the Koreas.
As it turns out dictators and kings tend to be more stable than democracies. North Korea is a hellscape but looking at the demographics it looks like South Korea could end up extinct in two generations with their near zero birth rate.
North: Stable but miserable.
South: Wealthy but miserable.
😂
The truth of martial law is hardly known outside of Korea, so I tell you the real story with the help of a translator.
It may sound strange, but this martial law was a legal act guaranteed by the Korean Constitution.
According to the Korean Constitution, martial law should be initiated through a Cabinet meeting, and the end of martial law is subject to the decision of the National Assembly.
At the Cabinet meeting, most members of the State Council opposed the start of martial law, but martial law began.
The reason is that the legitimacy of the initiation of martial law is not the result of the cabinet meeting, but the fact that the cabinet meeting was held.
Of course, the law is strange, but the fact that it was followed is important.
In addition, within three hours of martial law, the decision to lift martial law was made by the resolution of the National Assembly, and the president accepted the decision.
The President has met all the legal forms and requirements related to martial law. This martial law is not illegal, at least under Korean constitution.
Isn't that strange, then? Why did the president forcefully start martial law, which would be lifted soon?
This may be the weirdest part, but many Koreans have already noticed why.
In the Sonja Byeongjeom, the classical military book of the East, the word 'Seongdong Gyeokseo' is said. It is a military code to make the east loud and attack the west.
The president tried to use the Sungdong Command. The National Assembly had a minimum number of troops,
It didn't stop most lawmakers from entering the main building of the National Assembly.
There were some lawmakers who went over some walls, but they just had to enter the main gate.
Many lawmakers presented identification cards to soldiers, entered the National Assembly and voted to suspend martial law.
When all the opposition parties were concentrating on the National Assembly, the President sent more troops to the Election Commission than the National Assembly.
They included a significant number of IT professionals,
The soldiers seemed to be trying to extract some evidence from the central server of the Election Commission.
And, though not exactly everything is known, the mission seems to have succeeded.
Let's conclude. The president aimed to catch evidence of fraudulent elections prevalent in Korea.
China is behind the election fraud. Opposition forces with China have brought electronic ticket machines and electronic ticket systems to Korea,
It is suspected of being easy to manipulate: at least two parliamentary and one presidential election,
In other words, it is believed that there was election fraud in the election of the previous president of Moon Jae In.
The Election Commission is a constitutional independent body that rejects audits by the Board of Audit and Inspection,
The search and seizure warrant submitted to the court was repeatedly rejected.
The only practical way to investigate the Election Commission is martial law. It uses both democratic procedures and methods,
The Election Commission investigation has been repeatedly blocked, and numerous accusations of election fraud have all been rejected,
There have been cases in which those who have monitored and exposed fraudulent elections have been sentenced to prison when evidence has been fabricated.
Rather, DNA extracted from the exposed was placed in a space that didn't even go and was manipulated and imprisoned as if it had penetrated the space.
Only that part of the evidence of the fraudulent election was destroyed by fire in a specific investigation room of the prosecution.
Powerful and huge forces are involved in rigged elections and have prevented rigged election investigations.
It is speculated that these fraudulent elections may have involved Chinese intervention,
Many countries in the Belt and Road trade with China have been involved in controversy over fraudulent elections since the late 2010s due to Korean electronic counting machines.
In Kyrgyzstan, Romania, El Salvador, and other countries, there were fraudulent elections, and all of them were Korean electronic indicators,
It was China intervening behind the scenes. This fight is not just a martial law incident that took place in Korea, a particular country,
Two big battles around the world, the conflict between the United States and China, a microcosm of the war in which liberal forces fight against authoritarian forces.
So, there may be further background to the question of why Yoon Suk Yeol's president did martial law at this point.
The big opposition party, which has 190 seats out of 300 due to rigged elections, has cut the administration's budget in almost every way,
They impeached 22 officials of the administration and made them disappear. They were actually plotting a state paralysis.
In particular, the special activity expenses in the budget related to the presidential office were made to zero. This background may have encouraged the president's martial law.
Also, it means "reflective behavior therapy." That is, if the opposition party uses the right of the law to run a legislative riot, it makes the president realize that the right of the law can do martial law. If you test what's possible by law to the limit, you let the opposition party realize what's happening to each other. If the opposition's indiscriminate impeachment is justified by law, then the president's martial law is justified by law.
However, the essential reason is to end rigged elections.
If we fail to prevent the election fraud, the opposition party will continue to maintain its power in a negative way,
It means that China's influence in Korea will grow. Unlike what is known abroad, support for power in Korea is 50-50.
There are over 80 polls saying martial law is wrong, but if you're asking who you're going to support, it's 50-50.
The president's martial law does not immediately shift to the support of the opposition. The public is looking at the situation relatively coldly.
And, little is known about the inside story of rigged elections yet.
Yoon Suk Yeol's martial law would not have happened if Harris or Biden had been elected.
Only after President Trump was elected would he have thought he could investigate the election fraud.
I'm not saying Harris was rigged,
Some of the forces who supported her tend to turn a blind eye to benefiting from the rigged elections, which are set in China,
This is because Korea's martial law leads to election fraud investigations, and we are wary of it affecting the Democratic Party of the United States.
Please keep an eye on this issue in Korea.
This fight is larger than expected, and the question of overcoming rigged elections and winning the free world depends.
Bot?
So much yapping :0
@@dizzzdino I'm not a bot. A person who approaches the truth
@chrisalex82 sorry. it is important
So much misinformation here... Let me preface by saying I'm Korean. The truth of martial law has been covered by many international media, as well as Korean media in English (C'mon, this is 2024... Koreans speak English too). As a Korean, I find it concerning that a non-Korean spews out blatant misinformation like this.
The martial law is unconstitutional because it broke Article 77 Section 1, 3, 4 of Korean constitution. You can read it for yourself here: elaw.klri.re.kr/eng_service/jomunPrint.do?hseq=1&cseq=1777703
(1) This is not "time of war, armed conflict or similar national emergency"
(3) The constitution also doesn’t allow a president to use the military to suspend parliament. The troops indeed blocked the National Assembly. This is actually agreed even by conservatives. In fact, Yoon even wanted double the amount of soldiers deployed
(4) Yoon did not notify the National Assembly.
Article 87 of Korea’s Criminal Act states that “a person who creates violence for the purpose of excluding national power [. . .] or subverting the Constitution” may be punished for insurrection.
So nope, this martial law is definitely illegal to begin with.
The real truth is, Yoon had a low approval rating (
oh another channel
Very well-made video. Not too detailed or too simplified for its length. Immediate subscription.
1:25 -- "Why is South Korea so politically divided?"
Excuse me, shouldn't that apply to the U.S.? I see that Rep and Dem heat[sic] each others. 🤔
At the very least, it's not exclusive to South Korea.
I guess you guys didn’t pay attention to Squid Games. That’s literally why the show was created. Political divide
Political divide, my ass. People will insert all sorts of political agenda to fit their narratives. It’s nothing special actually. The Japanese has been making and milking the death-game genre to death at this point. The creator of squid game must have grown up, reading all these manga and thought to himself. Man, this is cool. I want to make Korean drama that shares similar tropes to these.
@ I did say anything to fit my narrative. That’s literally what the author said this season was about. You can go look it up.
The next few years are going to be very entertaining indeed...
You nailed a lot of things other video creators miss. It's frustrating to see so many just paint SK as glamorous high tech heaven. Yes, they have Samsung. Yes, they have super fast internet EVERYWHERE. But there are so many underlying issue bubbling just below the surface. Most of them are deeply societal/cultural - the pressure of change that is too fast to keep up with and the resulting unbalanced approach that is typical of the Korean culture of going all in, overdoing it whatever they do, and ppally ppally (hurry hurry).
Bro got the Norway flag wrong
Same system, same problems. Another country that dies of democracy...
seoul: welcome to dystopia
I have two friends from Korea and one of them hates the entire country, the other one just hates the pressure society puts on woman especially. For this reason, both are young but already living abroad.
Not a great look.
Both are young but already living abroad --> You met the ones that left, ofc they hate the country. Actually come here, it'll be different.
Also, your friends might rethink their actions after a few years too. There are so many people here who thought Korea was hell, left it, found out that it actually wasn't and came back. Our people overly devaluate our country because they don't know about the outside world. They simply don't know how good life is here, cause they've never lived anywhere else. Societal problems are very real, yes, but other countries each have their own problems. People tend to forget that. Remember, North and South Koreans are the same people. We're the same hermits they are, only richer and more democratic.
Really, you shouldn't trust Koreans to give you an accurate depiction of their own country. Especially ones that hated it enough to leave it.
This is what an economist, or indeed any social scientist or even just scientists in general, would call a selection bias.
@blue-d4g 한국인이 말해줄께요. 다시 태어난다고하면 북유럽이 아닌이상 다시 한국에서 태어나고 싶을정도로 살기 좋은 나라인건 확실합니다
Hey, total outsider here, but i feel as this attempted coup does not feel like an understandable and precedented thing for South Korea as stated in the introduction. For me it came as a large overreaction from those few at power, not a nationwide reaction pattern.
It’s been a month since video was out, so nobody’s gonna read this, but I’d like to correct an error in your video.
8:24-8:41
The government programs designed to compensate for the mandatory military service of the men are now GONE. All those programs were destroyed by Korean feminists.
That’s why Korean men cannot accept feminism. It simply demands infinite sacrifice from men and promises nothing but suffering in return.
Mm it’s interesting to note the difference between developed low birth rates and ultra low developed birth rates. Cultures like South Korean tend to contribute heavily to the latter whereas western countries with low but not ultra low birth rates (generally above 1.2) are less a result of ultra conservative social norms and more a reflection of individual freedom regarding family planning and marriage.
Squid game was trying to ease population pressure
“Something weird….” But then find it’s not weird but historical.
Lack of accountability 💀
Isn't he the same guy as economics explained?
I need to find the front man .
Clicked randomly, knew you sounded familiar EE!
Things indeed changed again and the prime minister was impeached LMAOO.
South Korea Politics be like:
People Power Party: We go with USA, JAPAN
Democratic Party of Korea: We go with CHINA and NORTH KOREA
Um... If you actually read the chart at 8:02 you would realize that Korean women are more liberal than Korean men are conservative.
crazy how that was brushed over
isnt that what he said?
Ya, but it still means that they are divided along gender lines.
Lol
4B movement is having a real impact
Very tame, bland video that doesn't cover anything every other surface-level video on Korea hasn't mentioned before.
It’s obviously an introduction to the topic that you are supposed to research more on your own. Gets eyes on the topic. How in depth can he get in 11 minutes on a platform that bans most stuff with real substance lol
It’s perfect because South Korea is very superficial.😂
5:15 thats a lie, they are not allowed to go back to DPRK
South Korea is not going extinct - so sick of this absurd canard.
Its is EXTREMELY overpopulated, folowing a gigantic surge in population growth since 1953. It is simply correcting itself naturally.
Many of the problems listed, such as hyper-competition for jobs and university places, long hours, etc., are solved by a drastic reduction in population.
Economics Explained is becoming the new Simon Whistler!
I dont know why you are referring to Koreas economy as stagnant when they have far better growth than vortually anywhere in Europe. For example the IMF is estimating 2.5% growth for 2024. While Germany has 0%, France 1.1 and United Kingdom 1.1 %.
If South Koreas 2.5 % is considered stagnation what is France, Germany and UK?
Yes, France, Germany and the UK have been stagnant for decades. While Sweden may lead the world in cultural suicide, Germany is only one step behind. Were you unaware of that?
I mean, by the standards, France and Germany already stagnated for decades and UK seems to be moving backwards. Entire European unions are stagnant for years😂
Why are comparing with advanced countries in the first place?
Your boss China is growing around 5% and India is 8%! 🤣🤣🤣
Why would anyone want to have kids these days? The world is sh*t.
KOR is really just a high-tech corporatocracy divided into several fiefdoms, i.e., Samsung, Hyundai, LG, and a few others.
5:48 The NOR flag isn't correct. All the Nordic flags' shape design is the Christian Cross turned 90° CCW.
I know that voice are you from economics explained?
"A political powder keg zip tied to the world's scrotum," ha ha! Nice! Best description of South Korean geopolitics ever!
Correction: Roh Moo Hyun was actually a liberal president. Not a conservative. Please check your source. Wikipedia does not say that he was a conservative. It is a video editing error.
His policies are actually quite conservative tbh. (In a global standpoint). Most Korean 'conservatives' have ties to imperial japan, dictatorship and many other injustices of this society. Ever since we achieved democracy since 1987 we are still struggling to push out these 'conservatives' from our political sphere. They are not 'conservatives' in the sense of other countries. We came from anti-imperialism, we came from numerous acts of the citizens to achieve a democratic republic. Yet the elites of this society still lingers in the past. If they want to conserve anything it is the feudalism during the imperial japanese era, it is the military dictatorship of Park and Jeon's era. That is why the 'liberal' party and roh moo hyun should actually be called as the 'conservative' party. All they want is social justice from our dark past. Not to say most of our gdp has risen during 'liberal' parties were in charge. Take this as a grain of salt from a extremely left leaning person's comment but what should be told should be told.
You are the only one who incorporates human psychology into geopolitical analysis.
so true,also talking about facts and current affairs,things in trend right now in the country and not just plain economic graphs and figures
That is why we love this channel
It is nice that they do but you are only showing that you do not do a lot of research outside of youtube and even in youtube, their is a LOT of great journalist our there doing massive investigation and are under represented. but yeah their is a lot of slop on youtube so finding one that is decent might feel like it is a rare occurrence
Is that you economics explained?