Mass Participatory Economy

The Korean economy is beset with problems caused by increasingly tough international competition on the one hand, and years of undemocratic, strong-armed resource allocation practices on the other. This revised edition offers an analysis and critique of the current state of Korea's economy by Kim Dae Jung, the president of South Korea, has spent decades deeply involved in Korean politics. In this book, he outlines his goals for reinvigorating his country's economy and making South Korea a leading economic power in the global marketplace.Chapters: My Vision for the Korean Economy; The Goal and Basic Principles of my Reform Program; A Brief History of the Post-War Korean Economy; The Economic Policies of Park Chung Hee and Chun Doo Hwan; Korea's Economy under Roh Tae Woo; Price Stability: A Foundation for Sustained Growth; Parasitic Land Speculation and the Housing Problem; Liberalization of the Financial Sector: The Keystone to Further Reforms; Reforming the Fiscal Structure for Equity and Efficiency; The Export Crisis and a Fundamental Solution; Large Enterprises vs. Small-Medium-Sized Firms: Toward a Division of Roles; From an Authoritarian to a Cooperative Labor-Management Relationship; How Can We Revive Our Dying Rural Economy?; Education, Science and Technology for the 21st Century; Distributional Justice and Social Welfare; Summing Up: The Road to Becoming the World's Eighth Largest Economic Power.Co-published with The Center for International Affairs, Harvard.

As of June 2021, 54% of Gen Z adults view capitalism negatively and over 41% have a positive view on socialism. A Participatory Economy is written for people who desire an equitable, ecological economy, but want to know what an alternative to capitalism could look like. A Participatory Economy presents a fascinating, new alternative to capitalism. It proposes and defends concrete answers to how all society's economic decisions can be made without resort to unaccountable and inhumane markets (capitalism) or central planning authorities (communism). It explains the viability of early socialism's vision of an economy in which the workers come together to decide among themselves what to produce and consume. At the same time, Hahnel proposes new features to this economic model including proposing how “reproductive labor” might be socially organized, how to plan investment and long-term development to maximize popular participation and efficiency, and finally, how a participatory economy might engage in international trade and investment without violating its fundamental principles in a world where economic development among nations has been historically unfair and unequal.

How work can be organized efficiently and productively without hierarchy; how consumption could be fulfilling and also equitable; and how participatory is planning could promote solidarity and foster self-management.

This book is an English translation of the authoritative autobiography by the late South Korean President Kim Dae-jung. The 2000 Nobel Peace Prize winner, often called the Asian Nelson Mandela, is best known for his tolerant and innovative “Sunshine Policy” towards North Korea. Written in the five years between the end of his presidency and his death in 2009, this book offers a poignant first-hand account of Korea’s turbulent modern history. It spans the pivotal time span between the Japanese colonial period (1910-1945) and reconciliation in the Korean Peninsula (2000-2009). In between are insightful insider descriptions of everything from wars and dictatorships to the hopeful period of economic recovery, blooming democracy, peace, and reconciliation. Conscience in Action serves as an intimate record of the Korean people’s persistent and heroic struggle for democracy and peace. It is also an inspiring story of an extraordinary individual whose formidable perseverance and selfless dedication to the values he believed in led him to triumph despite more than four decades of extreme persecution.

This book is a challenging volume by distinguished, leading scholars of East Asian political economy; it provides a distinct alternative to simplistic accounts of the Asian crisis which generally swing between an emphasis on convergence imposed by global economic forces, and the resurrection of the special patterns of East Asian economic governance. The authors argue that global forces and domestic structures are engendering new forms of economic and political regulation in East Asia. While these signal the death knell of the developmental state, this in itself does not presuppose a convergence towards a standard model of global capitalism. The arguments in this book will contribute significantly to the construction of a new research agenda for comparative political economy at the dawn of a new century. Politics and Markets in the Wake of the Asian Crisis covers a range of East Asian countries including the People's Republic of China, South Korea, Indonesia, Thailand and Malaysia. All the studies are linked together by a common endeavour to explore the dynamic interaction between global economic forces and domestic structures. The book is at the cutting edge of the study of East Asian political economy, and is distinguished by the attention it pays to the regional and international context of the crisis. It also contains theoretically sophisticated analyses of organisations such as APEC and the IMF.

One of the most comprehensive texts on the political economy of Korea available Up-to-date - goes up to 1999

For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.Contents include:Articles“Product and Stock Market Responses to Automotive Product Liability Verdicts” by Steven Garber and John Adams“The Distribution of the Insurance Market Effects of Tort Liability” by Patricia H. Born and W. Kip Viscusi“The Link between Liability Reforms and Productivity: Some Empirical Evidence” by Thomas J. Campbell, Daniel P. Kessler, and George B. Shepherd“What Drives Venture Capital Fundraising” by Paul A. Gompers and Josh Lerner“Capital's Contribution to Productivity and the Nature of Competition” by Axel Börsch-Supan“Extending the East Asian Miracle: Microeconomic Evidence from Korea” by Martin Neil Baily and Eric Zitzewitz“The Tobacco Deal” by Jeremy Bulow and Paul Klemperer

This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corporate governance, exchange rate and trade policies, regulatory capability, and proposes remedies. Rethinking the East Asian Miracle is an indispensable book for all those with an interest in East Asia's prospects in the early decades of the new century.