1997 Financial Crisis and Socioeconomic Bipolarization of Republic of Korea- Possible Solutions for Socioeconomic Bipolarization--Table of Contents-I. Introduction ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 3II. Body ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 4Korean Economy’s Present Time Situation1-1. Basic Facts of Rapid Industrialization of Republic of Korea ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 41-2. Introduction of Bipolarization and1997 Financial Crisis ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 5Bipolarization between Income Brackets ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 7Possible Solution ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 9III. Conclusion ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 10Reference ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ in Korea develop in the aftermath of the 1997 Asian Financial Crisis, and how could this socioeconomic bipolarization could be classified in comparison to similar phenomena observed in other developing countries? Socioeconomic bipolarization derives from not only occupation or income distribution, but is also significantly influenced by other social factors such as educational environment. This discussion can be broadly divided into two parts. In the first part I will describe a brief historical background of the Korean economy and the development of socioeconomic bipolarization. Second, the types of bipolarization and some proposed solutions to address Korea’s socio-economic problems are evaluated.BodyKorean Economy’s Present SituationBasic Facts of Rapid Industrialization in the Republic of KoreaSouth Korea is well known for “Miracle of the Han River” which refers to its rapid economic growth since 1950s. Korea was one of the poorest countries globally in the in the middle of the 20rst negative growth rate observed since the 1980s (Chung, 2007). It was a time of large-scale unemployment and greatly reduced household income while the income gap between social strata became much larger. As Table 1 illustrates, the income of the bottom 80% group declined, while the top 20% of the income group experienced an increase during the same period. In addition to that, Table 2 shows increased income share for the top 20%, but radically decreased income share for the bottom 80%. It is evident to recognize that the class with lower income level suffered heavier income loss than the class with higher income level.Table 1. Income Variation Index by Income Group (the year of 1996=100)Note. Adapted from Geographical Features of Social Polarization in Seoul, South Korea, p. 32 by S. H. Yim, 2002, Seoul: The Korean Association of Regional Geographers.Table 2. Income Share Rate by ClassNote. Adapted from Geographical Features of Social Polarization in Seoul, South Korea, p. 32 by S. sibility of medium and big sized corporations, as measured by business companies transferring party of their profits back to social programs has diminished. The altered employment patterns have resulted in various forms of nonstandard employment, including “temporary workers, short-term contract workers, and daily hires” (Lim, 2007).There are two questions for Korean youth to determine their level of success in the labour market. The first question is that if you are hired by either: Chaebol or small and medium sized businesses; the second question would determine whether if you were employed in a permanent or temporary position. Among Korean youths, being hired by Chaebol as a permanent worker is the key to success because of the bipolarization between permanent and temporary positions. Figure 2 illustrates the proportion of temporary positions among OECD countries. South Korea has one of the highest rates of temporary employment (4th highest of OECD countries). A regular worker recei for small and medium enterprises and increase in the availability of permanent positions. In the field of education, talented children from low-income bracket should be given equal academic opportunity. This will become a driving force of social development which would encourage children from low-income bracket to participate more fully in the labour market.ConclusionSouth Korea is typical of socioeconomic bipolarization experienced in 21st century economies: this bipolarization doesn’t only exist in South Korea. Globally, issues of bipolarization are getting worse over time across many disparate economies, as some authors have evaluated this as an issue endemic to contemporary capital economies.Finally, in the global trend of neo-liberalism with intensifying competitions, it would be hard to resolve South Korea’s bipolarization issues without significant policy changes. But if Korean society persists in its demands for more equal income redistribution and academic opportunities for a
Political Science 220-001The Tank Man during the Tiananmen SquareTwenty years ago, on June 5th 1989, continuous protests by a million people in Beijing led to a coercive suppression of People’s Liberation Army by Chinese government and this resulted in the deaths of thousands (Yan and Gao 500). This photo taken by a foreign journalist shows a man in a white shirt non-violently resisting against state violence. He stopped a column of tanks that were going to enter Tiananmen Square to breakdown protesters, and became “Tank Man”. This moment has become a symbol of protests as well as a symbol against oppression worldwide. This incident took place during the mass student-run demonstrations for economic reform and political freedom that erupted in April 1989 (501). Protests took place all over China, but the heart of the movement was in Beijing’s enormous Tiananmen Square (506). Communist Party authority decided to crush the protestants with tanks and opened fire on the crowds. Although it was a solitary resistance during the protest, courage of ‘Tank Man’ turned many other lone protesters into tank men.Works CitedWidener, Jeff. The Tank Man: A Chinese Man Stands Alone to Block a Line of Tanks Heading East on Beijing's Cangan Blvd. in Tiananmen Square on June 5, 1989. Photograph. Associated Press. NYDAilyNews.com. Web. 22 Jan. 2013.Yan, Jiaqi, and Gao Gao. Turbulent Decade: A History of the Cultural Revolution. Trans. and ed. D. W. Y. Kwok. Honolulu: U of Hawaii P, 1996. Print.
Political Science 220-001Che Guevara and Human RightsWhat makes Che Guevara a symbol of revolution, and what did he struggle to achieve? Above all, he gave up his privileges and always threw himself to the front line of struggle for human rights.Ernesto Guevara, which is Che Guevara’s real name, was born in middle class Argentinean family on June 14, 1928 (Luther and Henken 5). He set out on a trip around South America for ten months as a medical student, and saw the true pictures of Latin America: Capitalism and Neocolonialism of United States. This led him to quit his job as a doctor and made him feel the importance of fighting for rights and dignity of South American “proletariats” against American capitalists (37). Che Guevara later met Fidel Castro who was exiled in Mexico, and decided to volunteer as Castro’s guerrilla army surgeon; his leadership gradually strengthened him and soon became the Castro guerrilla's second-in-command during the revolution (47). As an activist and also idealist, he engaged in armed struggle to realize a society of ideals. Dictator Batista finally fled to U.S. as the revolution succeeded, and Che Guevara got appointed as a state bank chief in liberated Cuba with Cuban citizenship due to his contribution (133). Once again, Che Guevara abandoned his promised life in Cuban by giving up his titles and went to Bolivia where there was a military dictator suppressing its own people and favored foreign capitalists. The guerilla war in Bolivia failed due to lack of support from Bolivian people and progressive intellectuals and got shot dead by Bolivian army who received supports from CIA (222).His lofty ideal, swiftness of guerrilla tactics, and courage to give up privileges to struggle for rights of others have resulted as many mythical folktales about him. Since his death, Guevara has become a God-like political symbol. His name is often equated with rebellion, revolution, and socialism. Some people, however, still recall that he could be ruthless and ordered prisoners of war executed without trials during the Cuban revolution. Che Guevara's life will continue to be cited for his spirit.Works CitedLuther, Eric, and Ted Henken, M.A.. The Life and Work of Che Guevara. Indianapolis: BookEnds, 2001, Print.
Political Science 101-001Speech about Bill C-30 in the ParliamentGood evening the Members of Parliament. My name is ㅁㅁㅁㅁㅁㅁ, newly elected for this 41st parliament. I am now here to talk about Bill C-30 that we are having a discussion about. Bill C-30 has a significant meaning to us because this indicates our standards of rights and freedoms. Allowing the government to access our private information from internet service providers and cell phone companies sounds much like totalitarianism where the state governs its people in all aspects. The near-hypercritical preoccupation with the prevention of crime is at best a waste of resources and a crimp on human spirit, at worst an invitation to totalitarianism(영어사전예문). Passing this bill will grant the magic ramp to the government and would turn every single Canadian resident into potential surveillance-able subject. That is like setting the wolf to guard the sheep. The surveillances over people such as Watergate scandal would likely occur throughout the country.Some people may say "yes" to Bill C-30 because they may believe in promoting utilitarianism or they simply want criminal gang activities and cyber bullying to stop (Mintz 55). The constant surveillance over the society by the government will surely provide public benefits to the society such as establishing a whole new level of social order by discouraging criminal activities and cyber bullying. I would like to tell the people who seek safety and order over freedom that freedom which has been easily thrown away will not easily come back to us. Locking the stable door after the horse is already stolen will make us feel despondent. Some people feel like they do not deserve freedom, and they walk away quietly into empty spaces to try to close gaps from the mistakes of the past we have experienced. As we know, Canadians are not fond of totalitarianism. Our veterans fought with their lives to protect human right, and liberate other nations oppressed by totalitarianism. As Canadians, we do not expect the state governing us in all aspects because we know that democratic foundation has its base on the freedom of expression. I believe the dignity of human beings come from the individual freedom and individuals greater autonomy in their own lives not from "restricting and punishing immoral behaviors or invoking the value of order to justify the suppression of dissent" (Mintz 59).Does this vote have any meaning to you? Will it affect Canada? We are not only discussing about Bill C-30. We are also discussing about the history; "the history which is more than the path left by the past influences the present and can shape the future" (Bercow). Because I believe that only passion and craving for freedom will protect our privacy and free expression of opinions, I will vote against Bill C-30. Thank you very much.Works CitedBercow, John. "Common Separk, John Bercow MP, Welcome to President Obama." U.K. Parliament Website. 25th May. 2011 Mintz, Eric., Close, David, and Osvaldo Croci. Politics, Power and the Common Good: and Introduction to Political Science. 3rd ed. Toronto: Pearson Canada Inc, 2012. Print.http://endic.naver.com/search_example.nhn?query=totalitarianism&preQuery=&searchOption=example&forceRedirect=N
Political Science 101-001 Candidate Speech for Presidential Election of Somalia When I decided to run for president and I started telling people around me,many of them did not ask me what I have accomplished so far, but instead asked what I will do; they wanted a vision, a detailed promise. I told them that it is not difficult for someone to saywhat Somalian citizens including yourselveswant to hear like other candidates are doing. It does not matter that what is being promised and who is making these promises. Since the desires of Somalia are clear.