not reading anything different to capital cities in the west? lol ...
the price of property in the seoul area has gone up something like 70x in the space of 2-3 generations. hence the need for immense family hand-me-downs and frustration at dwindling social mobility. there really is no comparison to how fast the economy and development here took off, from third world africa levels of economic activity to 10th largest economy in about 30 years.
most banks and mortgage lenders here will actually lend based on a 1-2% deposit. i don't know much about germany but in the UK you need 10-20% to even be considered by a bank, plus a very healthy salary. korean lending has to be insane because the property market and cost-of-living is supercharged compared to stagnating average wages.
bear in mind that korea's 'hours worked' are the highest in the OECD, by quite a margin. they're fourth globally, only behind costa rica, mexico and colombia. germany's is the lowest. so, erm, very comparable, i guess. koreans work as if they're still an impoverished developing country, even though they're now at the top table.
https://data.oecd.org/chart/6DBV(this data might not be perfect or comprehensive globally, but it's a good general indicator).
they work 2x as many hours as your average german and property is about 4x as expensive relative to the average salary. 'subtle differences', indeed. you try working 60 hours a week for that average salary of $33,000 USD, in a city where a first apartment costs half a million $.
but otherwise, yes, it's as i said: here is a particularly concentrated form of the malaises seen anywhere under 'late capitalism'. just here you can see the material changes within the span of a single three-generation family household. from war-torn and famine-struck peasantry to multimillionaires, often times based on where your grandparents had their cabbage patch in 1973. – or more often not.
I never understood the obsession with cramming styles of learning popular in many asian countries. Doesn't make for smarter kids.
up to now in this stage of their development, they haven't needed innovators, disruptors, creatives, etc. they've needed to build a large, stable middle-class of professionals, corporate drones, services workers, etc. as well as emphasizing science and technology roles. a lot of that stuff can be acquired through rote learning and cramming. you might not get brilliant technicians, engineers, accountants and surveyors, etc, through cramming but you'll get capable ones. 'independent thinking' isn't required for the vast majority of professional roles.
you'll actually find that a lot of the senior and elite roles in samsung and so on, the high-level innovation stuff, the solid-state, semiconductor, type stuff, they employ americans or germans, at least for short whiles to acquire their expertise. such tech-sector jobs are one of the very few ways to get a good employment visa here if you're a westerner.
also: confucianism. for most of their long histories they were very hierarchical societies with a lawyer/scholar class responsible for running the state. admittance to the large bureaucracy and 'educated', literate/numerate lifestyles was via an extremely rote-memorization-heavy examinations process. you can still see this in the civil service exams processes in china, korea, etc, today. 100,000s apply every year for a tiny number of posts.
Last edited by uziq (2022-03-08 09:11:53)