moonkat235
Well-known member
Oh also Dirius, remember that convo on South Korea and how it went from an agriculturally based economy to an industrialized society? I linked you an article way back when and I was curious if you got around to reading it.
Obviously every culture is different, but getting a country from 3rd world to 1st is a good idea to me. So, I guess looking into how S. Korea developed makes me wonder if governmental intervention and programs are actually essential to increasing quality of living and building a foundation for capitalism and economic flourishing.
For instance, the S. Korean government focused on infrastructure and education, making provisions for a highly educated population and they even created tech schools and centers for entrepreneurial start-ups, iirc. They depended heavily on the US and foreign support for these things.
There was an issue with corruption in the government until one regime went through and fined a ton of the rich, who were bribing officials, and then turned around and incorporated these wealthy individuals into the new regime. They actually depended on the rich to educate and innovate and come up with ideas on how to improve S. Korea's economy.
I found that really intriguing, though my description, I'll admit, might be a little simplified. I can link the article if you would like.
Obviously every culture is different, but getting a country from 3rd world to 1st is a good idea to me. So, I guess looking into how S. Korea developed makes me wonder if governmental intervention and programs are actually essential to increasing quality of living and building a foundation for capitalism and economic flourishing.
For instance, the S. Korean government focused on infrastructure and education, making provisions for a highly educated population and they even created tech schools and centers for entrepreneurial start-ups, iirc. They depended heavily on the US and foreign support for these things.
There was an issue with corruption in the government until one regime went through and fined a ton of the rich, who were bribing officials, and then turned around and incorporated these wealthy individuals into the new regime. They actually depended on the rich to educate and innovate and come up with ideas on how to improve S. Korea's economy.
I found that really intriguing, though my description, I'll admit, might be a little simplified. I can link the article if you would like.