How did Korea become so rich so fast?

[hinters]

I only ask because maybe it's possible to replicate this in Somalia, unlike Japan which was relatively advanced and powerful since the late 1800's, Korea was a gaajo country like Somalia until the later 20th century. Now they are one of the richest, safest, and most prospourous countries in Asia despite being taken over and controlled by the Japanese, and the Korean War and all that stuff.

Here's the data(annual gdp per capita from 1960 to 2020):
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=KR

Is it possible to have this same economic change take place in Somalia once security is reached? Other African countries that are safe are still poor, which is mostly because of Western intervention(i.e foreign companies mining resources from Africa) and corrupt leaders who take Western money and let that happen.

 

[hinters]

And by Korea I obviously mean South Korea not the gaajo commie north.

 

[hinters]

South Korea’s Economic Development, 1948–1996

"South Korea’s Economic Development, 1948–1996" published on by Oxford University Press.

oxfordre.com

"Under the military government of Park Chung Hee (Pak Chǒng-hǔi), which came to power in 1961, the state gave priority to economic development, focusing on a combination of state planning and private entrepreneurship. Possessing few natural resources, it depended on a low wage, educated, and disciplined labor force to produce goods for exports. As wages rose, economic development shifted from labor to capital-intensive industries. Focusing initially on textiles and footwear, South Korean manufacturing moved into steel, heavy equipment, ships, and petrochemicals in the 1970s, and electronics and automobiles in the 1980s."

It seems the reaon they got rich so fast is because the Koreans were a hard working people, they didn't have much natural resources but still industrialized their society. Also the government was ruled by a military government until they made a shift to democracy in the 1990s because by then they were a developed nation.

Unfortunately Somalis look down on physical labor, so maybe this is just a pipe dream.

 

[hinters]

https://kellogg.nd.edu/sites/default/files/old_files/documents/166_0.pdf

"South Korea (referred to hereafter as Korea) is poor in natural resources. Only about 30% of the land area is cultivable and the arable land per farm household ranks among the lowest in the world (currently less than a hectare). Korean society was traditional, feudalistic, agrarian, and isolated from the West until the late nineteenth century. Japanese colonial rule during the period 1910 to 1945 brought both exploitation and modernization, influencing the country’s future course of development. The small infrastructural base built during Japanese rule was mostly destroyed during the Korean War of 1950-53."

Little natural resources, barely any arable land, isolated from west until the later 18th century, colonization and a civil war(North Korea vs South Korea). Colonizers built some infrastructure that was later destroyed during the civil war. Sound familiar???

 

[Maintainnnin]

Somalis don't look down on physical labor historically. It's just that thanks to the large diaspora that send billions back annually to their families, many don't need much of a work ethic. Without this the average Somali would be willing to clean out a sewer for pocket change.

 

[hinters]

Somalis don't look down on physical labor historically. It's just that thanks to the large diaspora that send billions back annually to their families, many don't need much of a work ethic. Without this the average Somali would be willing to clean out a sewer for pocket change.

If that's the case we need to stop sending money back home if the option of them working is possible. Only way our society can advance.

 

[JigjigaKismaayo]

they are smarter and they work harder.

 

[Laagite]

I only ask because maybe it's possible to replicate this in Somalia, unlike Japan which was relatively advanced and powerful since the late 1800's, Korea was a gaajo country like Somalia until the later 20th century. Now they are one of the richest, safest, and most prospourous countries in Asia despite being taken over and controlled by the Japanese, and the Korean War and all that stuff.

Here's the data(annual gdp per capita from 1960 to 2020):
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=KR

Is it possible to have this same economic change take place in Somalia once security is reached? Other African countries that are safe are still poor, which is mostly because of Western intervention(i.e foreign companies mining resources from Africa) and corrupt leaders who take Western money and let that happen.

Industry and service


Which we lack both, imagine instead of building a $1 milliom dollar hotel someone starts a small local factory

 

[Omar del Sur]

South Korea records world's lowest fertility rate again​

South Korea records world's lowest fertility rate again - BBC News

Figures show that just 0.81 children per woman are being born in the country.

www.bbc.com

If the South Koreans continue in the same direction, I think they're in danger of going extinct. Whatever it is they're doing- it seems like something is seriously wrong.

Even a poor Third World country with a high fertility rate- at least they have a future. What's the point of having a good economy if there's no children to pass on their legacy?

 

[senor chang]

North Korea>South Korea jk

 

[hinters]

South Korea records world's lowest fertility rate again​

South Korea records world's lowest fertility rate again - BBC News

Figures show that just 0.81 children per woman are being born in the country.

www.bbc.com

If the South Koreans continue in the same direction, I think they're in danger of going extinct. Whatever it is they're doing- it seems like something is seriously wrong.

Even a poor Third World country with a high fertility rate- at least they have a future. What's the point of having a good economy if there's no children to pass on their legacy?

Typically advanced countries tend to have lower birth rates than developing ones. It's the cost of being an advanced educated society.

 

[hinters]

Industry and service


Which we lack both, imagine instead of building a $1 milliom dollar hotel someone starts a small local factory

Exactly, Somalia needs an industrial revolution.

 

[Omar del Sur]

Typically advanced countries tend to have lower birth rates than developing ones. It's the cost of being an advanced educated society.

It's the cost of having a liberal, materialist decadent society.

There's no reason why having a good economy and technological and other sort of development necessarily means having to have a breakdown of religious and traditional values.

But the US and various forces will sabotage that kind of thing from happening. But if you look at the Axis powers- they were heading in the direction of having both high economic and technological development and high fertility rates and traditionalist type values. But various forces wanted those systems eliminated. They didn't want to allow that.

 

[Shimbiris]

Typically advanced countries tend to have lower birth rates than developing ones. It's the cost of being an advanced educated society.

It's mostly the cost of living, to be honest. Makes having many or sometimes any kids quite a conundrum. Many middle class Japanese or SK folks can't find time to date let alone move in with someone or have kids. This guy's company in California is a neat little case study in what happens when folks in "developed countries" have more lacag and ostensibly free-time:



Births at his company went through the roof. Too much wealth gets concentrated at the top in the modern world whilst the not 1-10% get worked like kalbs.

 

[Laagite]

Exactly, Somalia needs an industrial revolution.

Someone should start bringing in some Turkish manufacaturers to Somalia to teach us the knowhows. I remember someone posting about a joint Somali-Turkish pharmaceutical business we need more of those.

 

[repo]

South Korea’s Economic Development, 1948–1996

"South Korea’s Economic Development, 1948–1996" published on by Oxford University Press.

oxfordre.com

"Under the military government of Park Chung Hee (Pak Chǒng-hǔi), which came to power in 1961, the state gave priority to economic development, focusing on a combination of state planning and private entrepreneurship. Possessing few natural resources, it depended on a low wage, educated, and disciplined labor force to produce goods for exports. As wages rose, economic development shifted from labor to capital-intensive industries. Focusing initially on textiles and footwear, South Korean manufacturing moved into steel, heavy equipment, ships, and petrochemicals in the 1970s, and electronics and automobiles in the 1980s."

It seems the reaon they got rich so fast is because the Koreans were a hard working people, they didn't have much natural resources but still industrialized their society. Also the government was ruled by a military government until they made a shift to democracy in the 1990s because by then they were a developed nation.

Unfortunately Somalis look down on physical labor, so maybe this is just a pipe dream.

They made elementary education free in the 1950s even though it was during the Korean War. This massively increased literacy. So they put most of their development resources into education. In other words, that generation sacrificed so the new one could prosper.

Then came the 1960s when Park Chung Hee took the international aid and concentrated it into the hands of a few families (chaebols) that led the rapid industrialization. Samsung, SK, Hyundai and LG are run by those families.

 

[Omar del Sur]

It's mostly the cost of living, to be honest. Makes having many or sometimes any kids quite a conundrum. Many middle class Japanese or SK folks can't find time to date let alone move in with someone or have kids. This guy's company in California is a neat little case study in what happens when folks in "developed countries" have more lacag and ostensibly free-time:



Births at his company went through the roof. Too much wealth gets concentrated at the top in the modern world whilst the not 1-10% get worked like kalbs.

it is just coincidence that SK has one of the most staunch feminist movements in the world?

fertility rate definitely has to do with the values of the society

if you look at where Spain's fertility rate freefalls right after around 1975- this is right after they no longer are ruled by their traditionalist Catholic dictator (Franco) who been ruling since the 30's. you can see the rate is stable throughout forty years of his rule- then you see a big drop in fertility rate when his system is removed and replaced with a liberal government.

also the guy in that video is pro-abortion. he could just be making propaganda.

 

[hinters]

They made elementary education free in the 1950s even though it was during the Korean War. This massively increased literacy. So they put most of their development resources into education. In other words, that generation sacrificed so the new one could prosper.

Then came the 1960s when Park Chung Hee took the international aid and concentrated it into the hands of a few families (chaebols) that led the rapid industrialization. Samsung, SK, Hyundai and LG are run by those families.

The making education free part definitely makes sense, but how did putting all that money into the hands of a few rich individuals make the country richer?

 

[Omar del Sur]

his story could just be propaganda for his liberal views

 

[Shimbiris]

it is just coincidence that SK has one of the most staunch feminist movements in the world?

fertility rate definitely has to do with the values of the society

View attachment 248115

if you look at where Spain's fertility rate freefalls right after around 1975- this is right after they no longer are ruled by their traditionalist Catholic dictator (Franco) who been ruling since the 30's. you can see the rate is stable throughout forty years of his rule- then you see a big drop in fertility rate when his system is removed and replaced with a liberal government.

also the guy in that video is pro-abortion. he could just be making propaganda.

The birth rates at his company speak for themselves regardless of his opinions. And we can agree to disagree but I generally think all the social stuff people talk about isn't to blame here. The economic reasons are far more important. Not enough lacag, not enough time.

his story could just be propaganda for his liberal views

Liberals largely agree with you. They don't claim "feminism" is some sort of plague that ruined women's propensity toward being mothers but, in essence, they too believe that women's "emancipation" is partly why the birth rates have plummeted. I disagree. I really think it's mostly economic. Most people around my age in the Khaleej who are middle class can barely afford their own 1 bedroom place as a single. As a couple they'd have to be cream of the crop tech and media types to afford like 2-3 rooms in a decent ish area. Where is the leeway for ilmo?