A Lesson for Europe: The Controlled Demolition of South Korea’s Burgeoning Independence in the Late 1990s.

In the years from 1960 to 1997, the South Korean oligarchic elite (many of which had been collaborators with the Japanese occupation regime) had developed a highly successful developmental state capitalist model very much like Japan, which was aided by the economic stimulus created by the Vietnam War and Japan’s bourgeoisie’s decision to use South Korea…