From Family Ties to Fortune: Unpacking South Korea’s Industrial Revolution

From Family Ties to Fortune: Unpacking South Korea’s Industrial Revolution

In this episode, we explore “Late Industrialization, Tradition, and Social Change in South Korea” by Yong-Chool Ha, a compelling examination of how deeply rooted social ties shaped the country’s economic transformation. As South Korea surged into industrialization under the leadership of Park Chung Hee, traditional networks—familial, educational, and regional—played a crucial role in mobilizing resources and driving growth. Ha introduces the concept of “neofamilism,” illustrating how these historical social structures were leveraged by the state to support powerful chaebǒl conglomerates and foster economic development. Through interviews with key figures from the Ministry of Commerce and Industry and insights into the lives of workers, Ha challenges conventional narratives about industrialization, offering a fresh perspective on the interplay between tradition and modernity. Tune in to discover how South Korea’s unique journey reflects broader themes of social change and economic policy.

This podcast episode was made possible by the Nonsuch Foundation. Visit Nonsuch Foundation athttp://www.NonsuchFoundation.com⁠ to learn more about their inspiring work in promoting culture, art, and education.

Last Updated on October 16, 2024 by Wilmar Padilla



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