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From miracle to crisis and back : The political economy of South Korean long-term development
- From miracle to crisis and back
- GRINBERG,NICOLAS
- Taylar & Francis Group
| Title |
From miracle to crisis and back
Similar Titles
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|---|---|
| Sub Title | The political economy of South Korean long-term development |
| Material Type | Article |
| Author(English) |
GRINBERG,NICOLAS |
| Publisher |
[Abingdon],[U.K] : Taylar & Francis Group |
| Date | 2014 |
| Journal Title; Vol./Issue | Journal of Contemporary Asia:vol.44(no.4) |
| Pages | 25 |
| Subject Country | South Korea(Asia and Pacific) |
| Language | English |
| File Type | Link |
| Subject | Economy < General Economy < Economic Conditions Government and Law < Political Science |
| Holding | The University of Utah |
| License |  |
Abstract
This article analyses the process of economic development and associated political transformations in South Korea since the mid-1960s. It claims that, as in the rest of East Asia, capital accumulation in South Korea has revolved around the production of specific industrial goods for world markets using the relatively cheap and highly disciplined local workforce for simplified labour processes, as appendages of the machine or in manual assembly operations. This modality of accumulation resulted from changes in the forms of production of relative surplus value on a global scale through the development of computerisation and robotisation, and the concomitant transformation in the productive attributes of the collective worker of large-scale industry.
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