Date: 2024-10-15 Page is: DBtxt003.php txt00023097
NORTH KOREA
HISTORY
Casual Scholar video ... How North Korea Became So Insanely Poor
HISTORY
Casual Scholar video ... How North Korea Became So Insanely Poor
Original article: https://www.youtube.com/watch?v=CJKNwhhOTV8
Peter Burgess COMMENTARY
Management Matters! The decisions that are made over time make a huge difference. Leadership is important.
This video is very thought provoking. During all my adult lifetime ... I was born in 1940 and became somewhat aware of world affairs during the Korean War ... I have seen North Korea as a poor 'defeated nation' struggling to feed its people and make a name for itself under a nasty Communist regime hell-bent on building and deploying nuclear weapons.
The brief history that includes environmental degradation as a driver of economic catastrophe is something that I have not previously associated with North Korea. Nor was I aware of the high level of industrialization that has existed in North Korea for a very long time ... and more important, still exists today. While the industrial base is way stronger today than I realized, it is only functioning because of external life support from outside the country, like China, and in the interest of these various supporters rather than the people and regime of North Korea.
This is a great video that I need to watch again.
Peter Burgess
Aug 19, 2022
Casual Scholar
154K subscribers ... 1,147,400 views ... 26K likes
North Korea has arguably the worst economy in the world. However this was not always the case. In fact for a brief moment in time it was the most industrialized nation in Asia and persistently outperformed South Korea for decades. How did not North Korea go from the “Idea socialist state” to the worst place to live in the world?
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- 00:00 - North Korea: The Worst Place To Live in the World
- 03:00 - Korean History & Japanese Occupation
- 05:08 - 'The Liberation of Korea'
- 07:28 - The Korean War
- 09:49 - North Korea's Economic Golden Age
- 12:45 - Soviet & Chinese Aid
- 14:24 - The Beginning of the End
- 17:16 - Prioritizing the Military
- 18:49 - Economic Envy
- 20:39 - The Great Famine
- 22:55 - Life After Collapse
- 25:02 - How North Korea Still Exists
- - The Impossible State North Korea, Past and Future by Victor Cha
- - Unveiling the North Korean Economy: Collapse and Transition by Byung-Yeom Kim ...
- https://web.archive.org/web/201707052-
- https://carleton.ca/economics/wp-cont-
- https://www.ier.hit-u.ac.jp/COE/Japan...