Monday 16 Jul 2018 | 16:38 | SYDNEY
Monday 16 Jul 2018 | 16:38 | SYDNEY

Monday linkage

By

Andrew Carr

@AOCarr

7 November 2011 15:31

In North Korea the market economy is irreversible but it is a market economy that is institutionalized within a culture of simulation, surveillance, and endemic cynicism. A future integrated or unified Korea, led presumably by South Korean democrats, will inherit a society framed by market dynamics but without an understanding of ethical market behavior or market regulation. This could be a toxic heritage as detrimental to the future united Korea as the unregulated and unsafe development of nuclear power also taking place in the North right now.