Yun Seok - yue's manifesto aims to attract and circulate capital through a free economy.Will the National Assembly become a burden that hinders this?
2022-06-14
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South Korea is wavering between pro-China and pro-US
Is South Korea wondering whether it should join China, which has achieved growth in recent years, or join the camp of free nations such as Japan, the United States, and Europe? I guess it's a question of which is better, but it seems like a very polarizing choice.
The Moon Jae-in administration completely abandoned its pride as a democratic country without hesitation and spent five years desperately trying to join China and North Korea, a country that violates human rights at its worst, but unfortunately there was no result. Ta.
The new president, Yun Seok-Yeol, has the exact opposite policy, aiming for Korea to be a member of the Japan-U.S. and liberal camp. This seems to be the composition of the right-wing and left-wing forces in South Korea.
Original change of government through social policy
The left tends to seek the enhancement of social institutions, while the right tends to seek free competition and liberal democracy. This is a question of the balance between social welfare and liberal economics, and a debate about competition versus distribution. This is an issue to be debated within a democratic country, and can be said to be a universal frame.
America's two-party system is very easy to understand. Republicans and Democrats can be broadly divided on the question of whether taxes should be primarily used for public welfare, or whether they should reduce taxes in the first place and increase competitiveness in a free economy. It is also expressed in the framework of big government and small government.
A country that thinks about what is better
The choice of domestic social policy is not a question of which country will benefit you by following, but rather a matter of foreign policy. Prior to Japan's annexation of South Korea, there was intense conflict between pro-Russian and pro-Japanese factions on the Korean peninsula. Is nothing different from that era? Another characteristic of South Korea is that its foreign policy is also its domestic policy.
Yun Seok-yue promotes free economy
Looking at Yun Seok-Yue's manifesto from the perspective of economic policy, his economic policy is to bring back the capital that fled South Korea under the Moon Jae-in administration.
In particular, the focus is not on where to focus investment and foster industry, but rather the policy appears to be aimed at attracting investors by abolishing regulations and promoting a free economy and free competition.
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[Korea] Yoon Seok - you's inauguration speech to democracy and liberalism [full text]
Respected and dear people,
7.5 million overseas compatriots,
And to all the world citizens who love freedom
I am here today with an epoch-making vocation that must rebuild this country as a country where the people are the true masters on the basis of liberal democracy and the market economy system, and make it a country that plays a role and responsibility in the international community. I stood up.
We would like to thank all the people who have been with us in the historical setting.
Tora Wen, Former President Park Megumi, President Jacob of Singapore, President of the Central African Republic of Tuadera, Vice President of China Wang Qishan, Former President of Indonesia Megawati, Vice President Harris Emhoff Harris, Senator George Fury of Canada, We would like to express our deep gratitude to Japan's Foreign Minister Yoshimasa Hayashi and other congratulatory missions from around the world and to all the guests from Japan and abroad.
We would like to take this opportunity to pay tribute to the people who have endured great pain in the process of overcoming the pandemic of the new coronavirus infection for the past two years.
We would also like to thank all the medical staff for their dedication.
Respected people,
World citizens
Now, the whole world is one country alone or only a few countries participating, such as the pandemic crisis, changes in trade order and restructuring of supply networks, climate change, food and energy crisis, and retreat of peaceful resolution of conflicts. Faced with difficult challenges.
Various crises cast a complex shadow on human society.
In addition, many countries, including South Korea, are swaying and breaking down the cohesiveness of their communities due to ultra-low growth, large-scale unemployment, deepening polarization and diverse social conflicts.
On the other hand, politics that must solve such problems are failing to function due to the so-called democratic crisis.
Anti-intellectualism is cited as the biggest cause.
Science and truth must be a prerequisite for people with different views to coordinate and compromise with each other.
That is rationalism and intellectualism that support democracy.
Excessive collective conflict between nations and within nations distorts the truth, and anti-intellectualism, which selects only the facts that each person wants to see and hear and suppresses the opinions of others with a large number of forces, puts democracy in jeopardy and democracy. It undermines trust in the principle.
This situation makes it even more difficult to solve the problems we are facing.
But we can.
Looking back on history, the Korean people are on the verge of many crises, but each time they have worked together to overcome them wisely and courageously.
At this moment, I am grateful to be given the responsibility to overcome such a crisis and I am confident that we can overcome it proudly with our great people.
We also believe that we can work together with the world's citizens to resolve crises and challenges at home and abroad.
Respected people,
World citizens
I think it is very important for us to share universal values ??in order to solve this difficulty.
It is "freedom".
We must recognize the value of freedom correctly and accurately.
We must rediscover the value of freedom.
Looking back on the history of mankind, where free political rights and free markets were alive, prosperity and affluence always flourished.
Prosperity, affluence and economic growth are the expansion of freedom.
Freedom is a universal value.
All members of our society must be free citizens.
If the freedom of an individual is left unattended, the freedom of all of us members of the community will be threatened.
Freedom is by no means a winner's monopoly.
To be a free citizen, one must ensure a certain level of economic foundation, fair education and access to culture.
You cannot be a free citizen without this.
If one's freedom is not overrun or the conditions necessary to become a free citizen are not met, all free citizens must help in solidarity.
And if individual liberty is violated not only by individual nations but also internationally by hunger and poverty, illegal acts by public authority and military power, and a dignified life as a free citizen is not maintained, all world citizens will be free citizens. We must work together as a helper.
In order for everyone to be a free citizen, we must obey fair rules and have a spirit of solidarity and philanthropy.
Respected people,
I would like to talk about the direction that I consider important by looking at domestic issues.
In South Korea, excessive polarization and social conflict not only threaten freedom and democracy, but also hinder social development.
I don't think this problem can be solved without a leap and fast growth.
In the process of rapid growth, many people can find new opportunities and improve social mobility to eliminate the source of polarization and conflict.
Leap and fast growth can only be achieved through science, technology and innovation.
Science, technology and innovation protect our liberal democracy, expand our freedom and make our dignified life sustainable.
Science, technology, and innovation are difficult to achieve with the efforts of Japan alone.
By respecting freedom and creativity, we must work and solidarity with many countries that have achieved advances and innovations in science and technology.
Respected people,
World citizens
Liberal democracy creates peace, and peace protects freedom.
And peace is guaranteed by solidarity with the international community, which respects the values ??of freedom and human rights.
We must pursue sustainable peace that blossoms freedom and prosperity, not fragile peace that temporarily avoids war.
Nowhere in the world is free from the threat of freedom and peac
Promoting free competition within the country and moving towards CPTPP
It appears that the plan is to aim to join the CPTPP and other liberal nation frameworks based on this liberal economic frame, but in order to realize this, it will be necessary to obstruct the various free competitions that exist within Korea. Legislation must be put in place to abolish the regulations that apply.
Legal development by the Diet is hopeless
This is the job of the National Diet, the legislative branch, but the opposition Democratic Party of Japan still holds nearly 60% of the seats. In other words, there are many hurdles for the time being in the economic policy advocated by Yun Seok-Yeol and cooperation with liberal countries. In other words, we will have to wait for the 2024 general election.
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Yoon Seok - yeol (41.4%), [KSOI Korea]Lee Jae - myung (36.2%), and Lee Seok - yeol (41.4%), respectively. According to a survey of 1,004 adult voters nationwide from June 14 to 15, 41.4 percent of Yoon, 36.2 percent of Lee and 9.6 percent of Ahn.Yoon's approval rating rose 6.2 percentage points from Jeonju, while Jung's approval rating dropped 5.5 percentage points from 15.1 percent.Lee also lost 1.4 percentage points.Sim Sang Jung Justice Party candidate Kim Dong-young and Shinbo candidate Kim Dong-young received 3.6 percent and 0.9 percent respectively.
The approval rating gap between Lee and Yoon is 5.2 percentage points, but Yoon's approval rating has recovered to 40 percent in five weeks.Yoon also recorded 44.6 percent in Seoul, ahead of Lee (35.5 percent).
In the survey, 24 percent of respondents said they were progressive, the lowest percentage since February last year.Conservative tendencies were 34.8 percent, middle-income groups 24.9 percent, and unknown groups 6.3 percent.Regarding the nature of the next presidential election, 50.3 percent of the respondents chose "regime trial" and 36.5 percent chose "regime re-creation."Regarding the influence of television discussions on candidates, 60.8 percent said they would have an impact, while 35.4 percent said they would not.The survey was conducted using ARS (Automatic Response System) using mobile phone virtual numbers provided by telecommunications companies.
communist program quoting the New Deal congratulatory address for Moon Jae In 2021 Independence Day
The Korean version of the New Deal, which will invest 220 trillion won by 2025, is a roadmap for becoming an innovative and inclusive country centered on people and a development strategy for a country that will take a new leap forward. The government has made the Human New Deal another pillar of the Korean version of the New Deal, along with the Digital New Deal and Green New Deal. We will establish a social safety net, such as the abolition of employment insurance and living allowance support standards for all citizens, and lead the transition to digital and green through investment in people.
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The New Deal is interpreted as a bold intervention by the U.S. government in the market economy during the Great Depression and as a intervention to free competition to rebuild the Great Depression.And what's the Human New Deal?I mean, you're going to intervene there, too.
In his congratulatory speech last year, he said, "The Korean version of the New Deal is a new social contract for co-prosperity, a promise to strengthen employment and social safety nets, increase investment in people, and achieve prosperity and co-prosperity."What is a nation centered on people? Have Korea always been centered on dogs or cats?What's the investment in people? Wasting money is not the investment, is it?
What Moon Jae In is doing is simply government intervention to move toward communism.
Korea Real Estate Bubble This is the KOSPI chart.Why does it go up when investment from Japan has decreased by 50% and investment from the United States and the EU has decreased?You'd better imagine who's buying stocks.One is Chinese money. This is exactly what the current administration wants.Another is stock investment, which is secured by soaring real estate prices.Another is private investment by ordinary people who cannot buy real estate, even if they borrow money from rising stocks.In other words, it is a bubble.The IMF warned that Korea's household debt is above the danger level.Judging that this is a temporary phenomenon, it is better to stop borrowing money and investing in real estate and stocks to increase assets.
processing trade What is the problem with Korea's trade deficit with Japan?The center of the Korean economy is processing trade.In other words, even if raw materials are purchased from Japan, they are sold to third countries with added value due to commercialization, so they are recorded as GDP in Korea.In other words, it's just added value and passed through.It may be trade deficit for example agricultural products imported from Japan and consumed in Korea are known, but they do not know what is wrong with processing trade.
If the cost of raw materials imported from Japan exceeds 50 percent of the cost of the product, Korea's added value will be less than 50 percent.However, this is not a trade deficit, but a cost management issue.In the first place, products that cost more than 50% of raw materials in the manufacturing industry it would hard to exist for lack of competitiveness.
Korea wants Japan to buy more products made from Japanese raw materials because of the trade deficit, but this is also meaningless.If Korea adds value to the cost of Japanese raw materials and Japan buys them, Japan will buy back the raw materials it sells, so there is no profit for Japan .This is not the cause of the trade deficit, but the competitiveness in the Japanese market.
Moon Jae In is a man who doesn't make no sense.
