Contrary to the widely-held view that the East Asian "developmental state" is neutral in terms of the relationship between capital and labour – a benign co-operation between state officials and businessmen to organise economic development – this book argues that in fact the developmental state exists to promote the interests of capital over the interests of labour. Dae-oup Chang asserts that there has been a deliberate mystification concerning the reality of this process. This book presents a radical, Marxist critique of state development theory. It both explains the exploitative functions of the state, looking at the emergence of the particular form of capitalist state in the context of the formation and reproduction of capital relations in Korea; and also traces the origin and development of the process of mystification whereby the capitalist state has been characterised as the autonomous developmental state. In addition, the book provides a comprehensive analysis of labour relations in Korea both before and after the 1998 financial crisis, demonstrating continuing capital relations, state transition and class struggle.

The Development of Modern South Korea provides a comprehensive analysis of South Korean modernization by examining the dimensions of state formation, capitalist development and nationalism. Taking a comparative and interdisciplinary approach this book highlights the most characteristic features of South Korean modernity in relation to its historical conditions, institution traditions and cultural values paying particular attention to Korean's pre-modern civilization.

The author challenges current literature by providing an analysis of the differing views of Asian economic development, and providing an innovative alternative conceptual framework for the understanding of the Asian 'dragon' economies Takes a longer term view of the countries' economic development than many of the books on the Asian crisis Will be of importance to all interested in modern economic development - as well as Japan and East Asia, it should have a strong market in the US and Australia

Business in North Korea: a paradoxical and fascinating situation is interpreted by a true insider. In 2002, the Swiss power company ABB appointed Felix Abt its country director for North Korea. The Swiss Entrepreneur lived and worked in North Korea for seven years, one of the few foreign businessmen there. After the experience, Abt felt compelled to write A Capitalist in North Korea to describe the multifaceted society he encountered. North Korea, at the time, was heavily sanctioned by the UN which made it extremely difficult to do business. Yet he discovered that it was a place where plastic surgery and South Korean TV dramas were wildly popular and where he rarely needed to walk more than a block to grab a quick hamburger. He was closely monitored and once faced accusations of spying, yet he learned that young North Koreans are hopeful--signing up for business courses in anticipation of a brighter, more open, future. In A Capitalist in North Korea, Abt shares these and many other unusual facts and insights about one of the world's most secretive nations.

The unification of North and South Korea is widely considered an unresolved and volatile matter for the global order, but this book argues capital has already unified Korea in a transnational form. As Hyun Ok Park demonstrates, rather than territorial integration and family union, the capitalist unconscious drives the current unification, imagining the capitalist integration of the Korean peninsula and the Korean diaspora as a new democratic moment. Based on extensive archival and ethnographic research in South Korea and China, The Capitalist Unconscious shows how the hegemonic democratic politics of the post-Cold War era (reparation, peace, and human rights) have consigned the rights of migrant laborers—protagonists of transnational Korea—to identity politics, constitutionalism, and cosmopolitanism. Park reveals the riveting capitalist logic of these politics, which underpins legal and policy debates, social activism, and media spectacle. While rethinking the historical trajectory of Cold War industrialism and its subsequent liberal path, this book also probes memories of such key events as the North Korean and Chinese revolutions, which are integral to migrants' reckoning with capitalist allures and communal possibilities. Casting capitalist democracy within an innovative framework of historical repetition, Park elucidates the form and content of the capitalist unconscious at different historical moments and dissolves the modern opposition among socialism, democracy, and dictatorship. The Capitalist Unconscious astutely explores the neoliberal present's past and introduces a compelling approach to the question of history and contemporaneity.

Ian Pirie gives a comprehensive and up-to-date analysis of state and economic restructuring in South Korea since the 1997 crisis.

This volume brings together work by international scholars to provide a unique analysis of the past, present and possible future trajectory of Korea's political economy from a distinctly Marxist perspective. The volume differentiates the Marxian approach to the political economy of Korean development from the Keynesian, social democratic approach that currently dominates the critical literature. In doing so the volume provides a unique view of the development of the South Korean Economy.