During Park Cheung Hee regime in South Korea, the state played a huge role in funding and controlling private industry. South Korean economic development is not an argument for “free market” laissez faire policies at all. Whoever made this video is wildly ignorant of economics.
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Not to mention NK has been totally isolated and sanctioned and lost 1/5 of its population in the Korean War.
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Centralized government means centralized wealth. Leftists decry companies monopolizing wealth, but they think the answer is to create one supreme, fully unaccountable monopoly. Pure insanity.
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What I want to know is when is the USA getting a thank-you note from South Korea?
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36,000 Americans paid with their lives for those lights.
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Joseph Goebbels “University” would like all of you to know that fascism is cool, as long as it’s not that wacky communist fascim. It’s really all about Democracy and the fact of the matter is we’re losing it around the world and becoming more Authoritarian just like North Korea
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Nah,
@AOC is right, we need socialism (communism) here in America. Forget free markets and self-governance -- complete gov't control over everything is our path forward...said every murdered follower (of socialism, SADLY) ever!#BillOfRights#America !!!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Cuba is a Communist State. Haiti is a free market country. Make that comparison. (also, South Korea’s economic development involved HUGE state intervention. Wasn’t Neoliberalism at all)
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Don’t forget Korean War and total isolation has massively harmed the people’s state of the north.
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south korea has the 10th highest suicide rate in the world
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