Economy of the Yi Dynasty Korea "Japan introduced a monetary economy" The central bank of the Korean Empire is Japan's No. 1 bank.
2021-07-10
Category:The Joseon dynasty
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Monetary economy did not develop on the Korean Peninsula
In the early Joseon Dynasty, exchange was limited to salt, a proprietary product, and cloth, rice, and grains. After that, linen, cotton cloth, rice, etc. were traded as physical currency. Kozo coins were issued in 1401 to encourage currency, but they did not become widespread.
In 1423, a bronze coin called Joseon Tsubo was created, and in 1464, a coin was coined, but these were used for the purpose of collecting taxes for the state and were not distributed to the general public. In 1678, the Johei Tsuho coin was minted.
This coin was issued for about two centuries, but confusion occurred because each government office was allowed to mint it. In 1866, Daewongun minted 100 coins to rebuild finances and rebuild Gyeongbokgung Palace.
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Geographically, the Korean Peninsula is covered by the Chinese continent, and successive Korean dynasties have become vassal states - What is Japan's position from the perspective of the continental p
Geographically, the Korean Peninsula is covered by mainland China
A vassal state of China since its founding
Korea continues to be invaded by China
China and Korea were ruled by different ethnic groups
Seeing history from the perspective of northern peoples
South Korea only denounces Japanese rule
The Korean Peninsula has a history that is inseparable from China, as the peninsula's geographical characteristics make it look like it is completely covered by the Chinese continent.
What exactly is this sense of victimhood and hostility toward Japan that Korean people have? The historical differences between China and Japan seen from South Korea are largely due to geopolitical reasons as seen from a map, but that is not the only reason. I would like to think about it in terms of the dominant ethnic group and the ruled ethnic group.
Legend has it that there were countries called Dangun Joseon and Minojo Joseon, but archaeologically it is said that they existed from the later Eishi Joseon.
The legendary Mino Korea is said to have been founded by the Mino of the Shang Dynasty in China, and the Wei Dynasty Joseon is said to have been founded by the Wei clan of the Yan Dynasty in China. Both were founded as vassal states of China.
After that, Goguryeo, Baekje, and Silla entered the Three Kingdoms period, and then the Sui Dynasty invaded Koguryo, and the Tang Dynasty invaded Koguryo.
Although Goryeo established a unified dynasty, it was placed under the control of the Later Tang Dynasty shortly after its founding. During the Yuan Dynasty, China was invaded by the Mongol Empire and became a vassal state. The Allied Forces of Mongolia and Goryeo invaded Japan twice, but failed.
Lee Seong-gye, who founded the Joseon Dynasty, is also known as the Jurchen people, and the Jurchen people were an ethnic group that lived in the Manchuria region, and later Hong Taiji founded the Qing Dynasty in China.
From China's point of view, the Korean people are recognized as a different ethnic group living outside the Great Wall of China, and these ethnic groups lived primarily as nomadic peoples, but due to the geographical relationship of the peninsula, the Korean people have decided to settle down. It seems that it has become.
Northern ethnic groups such as the Xiongnu, Xianbei, Khitan, Jurchen, Manchu, and Mongolians were a threat not only to the Han Chinese in China, but also to the Koreans.
Looking at the history of China, there have been only a handful of unified dynasties founded by the Han Chinese, who make up the majority of the country, and for most of its history, different ethnic groups have ruled the Chinese mainland.
When I look at world history, I have never seen a history centered on northern peoples, but if I dare to look at it from that perspective, both China and the Korean peninsula were invaded and dominated by northern peoples.
The Sui, Tang, and Yuan dynasties that invaded the Korean Peninsula mentioned above are different ethnic states in China if you consider them centered on the Han people. It is also a country of different ethnic groups when viewed from the perspective of the Korean Peninsula.
In addition to small-scale direct invasions by foreign ethnic groups, the majority of the history of the Korean peninsula is that they invaded the peninsula after taking control of mainland China.
In this composition, Japan is classified as one of China's peripheral ethnic groups. Geographically speaking, Japan is called Toi in contrast to Northern Yi. They are a neighboring ethnic group common to China and the Korean Peninsula.
If we look at the annexation of Japan and Korea in the above sense, it means that the Korean peninsula was ruled by a different ethnic nation that also shared China. It is also a foreign country to China.
Some people point out the contradiction in that Koreans do not complain about the fact that they were ruled by China for over 1,000 years, but they hold a grudge against Japan for 1,000 years only for 35 years, but in reality, the country of China itself is the same. I wonder if there is a complicated background to the history of a controlled area.
Historically, Japan may still be recognized as a common enemy of China and the Korean Peninsula.
It is said that South Korea's sense of victimhood is something that has been cultivated historically, but if you look closer at the globe, you can see that mainland China has also had a history of being invaded. Based on this, Japan should resolutely clarify its position.
Repeated inflation due to mass production of currency
Rather than rebuilding finances, they were mass-produced, causing the value of the currency to plummet and its currency to be denominated in 1868. Although the Gosen was issued in 1883, its value quickly plummeted and its currency was banned in 1895. Cupronickel coins were issued in 1892, but they were used as supplementary coins during the gold standard system.
In other words, the economy of the Korean Peninsula is based on barter. Slaves were also sold in exchange for five slaves and one cow.
Introduction of loans and Japanese banks managing customs
After the Sino-Japanese War, Japan introduced loans to overcome the financial difficulties on the Korean Peninsula. Customs belonged to the Daiichi Bank of Japan, and customs duties were collected in Japanese currency. The money consolidation project was financed by loans from Japan, and Japan's First Bank became the central bank of the Korean Empire.
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Technology and knowledge of the Korean Peninsula at that time from pictures of unicycles on the Korean Peninsula.
This photo is often introduced as an interesting ride on the Korean Peninsula, but how about comparing it to the second one in terms of efficiency and cost?The second one is a Japanese rickshaw, but neither is a modern vehicle.The difference is whether it is one wheel or two wheels.
At that time, there was no technology to make wheels on the Korean Peninsula, so it was imported from China.The wheels were expensive, and even though they were aristocrats on the Korean Peninsula, they moved on one wheel.As a result, the biggest difference is the number of people driving the car.In the case of one wheel, it becomes unstable when people ride on top of it and requires two people in front and back.In the case of two wheels, it can be operated by one person for stability.It can be imagined that human costs were much lower than wheels.Or there was no concept of labor costs.If you think about transportation efficiency, you can say everything about agricultural work and transportation of goods.If you need twice as many people to transport things, production efficiency cannot be increased.
It is said that nearly half of the people were slaves at the end of Joseon.If you just order the slaves, there will be no labor costs.
According to Jeong Dong-yu, a Confucian scholar in the Joseon period, "The Sheep, the Car, and the Needle" is not available in Joseon.During the Joseon Dynasty, there was no technology to bend and round wood to make wheels, and there were no horse-drawn carts, cattle carts, rickshaws, or agricultural water wheels.Will this be effective in farming?The absence of needles indicates that metal processing techniques are extremely low.Needles must be made with the technique of sharpening metal and must not be broken.Also, it is necessary to make a hole in the rear part where the thread can be machined.During the Joseon Dynasty, wheels and needles were obtained from China.
You can't make things without those tools.In order to make the tool, we need the tool to make it.Japan's industrial revolution was made possible based on craftsmanship handed down over 1,000 years.They made production facilities and railways that they learned from the West in imitation.
In winter, the Korean Peninsula is cold and warm, but when Japan came to Korea, it was bare and bare.As soon as it rained on the bare mountains, a lot of water flooded the fields and destroyed the crops.Japan planted forests on the mountains of the Korean Peninsula.The number has reached 1 billion in 10 years since 1911.This is a problem unrelated to the Industrial Revolution.This is because it is a matter of improving the efficiency and planning of human resources.During the Joseon Dynasty, no progress was made due to the servitude of the people, and technology and knowledge were lost.
Korea cries out that it was taken away by Japan due to the annexation of Japan and South Korea, but there was nothing on the Korean Peninsula when Japan went there.
If there is no money economy, there is no capitalism
Without a money economy, there can be no capitalist economy. Japan modernized the Korean Peninsula and developed the market, including the monetary economy and the circulation of capital. Even now, when South Korea conducts transactions with other countries, letters of credit for accounts payable are issued by Japanese private banks. Without this letter of credit, Korean companies cannot conduct international transactions.
Japan rescued the past two currency crises
Japan also provided relief during South Korea's currency crises in 1997 and 2008. The very currency that is the backbone of the Korean economy becomes something that Japan gives credit to. Although Japan no longer issues currency haphazardly and causes catastrophic inflation as it did during the Joseon Dynasty, no country has ever experienced a currency crisis twice in 10 years. In that sense, it can be said that Wong remains vulnerable. This is the history of currency on the Korean Peninsula up to the present day.
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[related article]
The history of China and the peninsula was continuously invaded by northern peoples. The peninsula ultimately failed to maintain its independence.
Due to its geographic characteristics as a peninsula, the Korean Peninsula has a topography that is completely covered by mainland China. For this reason, it has a history that cannot be separated from China. What exactly is this victim mentality and hostility toward Japan that many Koreans have? The historical differences between China and Japan seen from South Korea appear to be largely due to geopolitical reasons when viewed from a map, but there are probably other reasons as well.
Let's think about this in terms of the historical dominant and ruled ethnic groups on the continent. Legend has it that there was a country called Dangun Joseon and Minojo Joseon on the Korean Peninsula. Archaeologically, it is said to have existed since the later Ei Dynasty. The legendary Mino Korea is said to have been founded by Mino of the Shang Dynasty in China. The Wei clan Joseon is said to have been founded by the Wei clan of the Yan state in China. Both countries were established as vassal states of China. The point is that, despite the legend, it is already a vassal state of China.
Even after that, Korea continued to be invaded by China. After that, Goguryeo, Baekje, and Silla flourished on the Korean peninsula, and after Goguryeo was victorious, Goguryeo was invaded by Sui and later by Tang. After that, Goryeo established a unified dynasty on the peninsula, but shortly after its founding, it was placed under the control of the Tang Dynasty in mainland China. During the Yuan era, China was invaded by the Mongol Empire and became a vassal state.
As Mongol invaders, the combined forces of Mongolia and Goryeo invaded Japan twice, but failed. Lee Seong-gye, who founded the Joseon Dynasty, is also said to be a Jurchen, and the Jurchen were an ethnic group that lived in the Manchuria region, and later Hong Taiji founded the Qing Dynasty in China.
From the perspective of China, the Korean people are positioned as a different ethnic group living outside the Great Wall of China. Many of the northern peoples lived primarily as nomadic peoples, but the Korean people are thought to have settled down due to their geographical location on the peninsula. Northern ethnic groups such as the Xiongnu, Xianbei, Khitan, Jurchen, Manchu, and Mongolians were a threat not only to the Han Chinese, but also to the Koreans.
Looking at the history of China, there are only a handful of unified dynasties founded by the Han Chinese, who make up the majority of the population. For most of history, other ethnic groups other than the Han Chinese dominated mainland China. When you look at world history, you don't often see explanations that focus on northern peoples, but if you look at it from that perspective, both mainland China and the Korean Peninsula have a history of being continuously invaded by northern peoples. This appears to be a common feature.
The Sui, Tang, and Yuan dynasties that invaded the Korean peninsula are different ethnic states in China if you consider the Han people as the center, and they are also different ethnic states if you look at the Korean peninsula as the center. In addition to direct invasions of the Korean peninsula by foreign ethnic groups, the majority of the history is that dynasties from mainland China, which were dominated by mainland China, invaded the Korean peninsula. It is said that the Korean peninsula has been invaded by neighboring ethnic groups as many as 960 times, both large and small.
If we look at the annexation of Japan and Korea in this sense, the Korean peninsula was the same for China, but it was ruled by a neighboring foreign ethnic nation called Japan. For the Korean Peninsula, they see themselves as being connected to the Chinese mainland, calling themselves Little China, and Japan is a country outside of that, and their sense of superiority centered on China has been historically fixed. doing. In other words, they have never had the concept of nation-building by their own people or an independent nation since the beginning of recorded history. It looks like they had neither the opportunity nor the will.
Even after Japan made the Korean peninsula an independent state after the Sino-Japanese War, Japan did not realize this and continued to sell its interests to Russia one after another, unable to operate the country on its own. In 1910, Japan annexed Korea and Japan, giving up on supporting the independence of the Korean peninsula. South Korea says that Japan stole the independence of the Korean Peninsula, but the Korean peninsula became an independent nation because of the Treaty of Shimonoseki during the Sino-Japanese War, which was ruled by Japan. If they had developed a strong sense of independence after that, there would have been no need for annexation. That is the true opinion of Japan.
Joseon Dynasty, where slaves accounted for 40% of the population.The annexation of Korea and Japan abolished the slave system that had lasted for 2,000 years.
Slavery system that lasted for 2,000 years
Rangban called for mass production of slaves
Ryoban opposed the policy of reducing slaves
The slavery system was abolished through the Kogo Reform and the annexation of Japan and Korea
Who on earth held a grudge against Japanese rule
In Korean academic circles, it is estimated that when the population during the Joseon Dynasty was around 10 million people, around 4 million people, or about 40%, were slaves.
In 695, during the Unified Silla period, a document from a survey of four villages in Nishiwongyeong (near present-day Cheongju) records that 28 people out of a population of 460 were taken as slaves. The ratio is just over 6%.
Similar records can be found in the fiefdom that Lee Seong-gye received in 1391, just before the opening of Korea. Of the 162 people living there, only 7 people, or about 4.3%, were slaves. This will increase to 40% of the population in 100 years.
During the Goryeo period, if one of the parents was a slave, the child was also a slave, and marriage between a slave and a yangban adopted child was illegal. Since it was only inherited by slaves, it did not increase significantly.
In Japan, the slave system was abolished with the end of the Ritsuryo system. The period is the beginning of the 10th century.
With the advent of the Joseon Dynasty, the system of the Goryeo Dynasty was gradually loosened, and the Yangban began actively promoting marriages, believing that it would be better to increase the number of slaves by marrying slaves and adopted children instead of marrying slaves to each other. He recommended marriages between adopted children and slaves. This is because the yangban were able to increase their wealth by using slaves who were almost unpaid.
Since slaves are not required to serve in the military or pay taxes, the increase in the number of slaves is not a positive phenomenon for the nation. For this reason, some Korean kings implemented policies to reduce the number of slaves.
Taizong established that any child born to a male slave (a class other than slaves) and a female slave would qualify as a good person. At that time, yangban often kept female slaves as concubines, so this measure reduced the number of slaves and played a major role in adoption.
When the number of slaves decreased, yangban bureaucrats began to rebel against it, and they demanded its abolition, using the pretext that ``female slaves are disturbing human morals by marrying good men without permission.''
In 1485, during the reign of King Sejong, the ``Geongoku Daten'' made it clear in the law that if one parent was a slave, the child would also be a slave. The number of slaves in Korea increased rapidly again.
In some areas, such as Ulsan and Danseong, the percentage of slaves was close to 50-60% of the population, and in 1663, it was recorded as 73% in the Hanseong family register.
The yangban mass-produced slaves to enrich their own pockets, and the country engaged in a tug-of-war over and over again, as if the number of slaves increased any further, tax revenue would decrease as a national benefit. The power of the Yangban was strong within Korea, and even the king could not ignore it.
As a result, the slave system was nominally abolished by the Kogo Reform of 1885. The Kobo Reforms are the reforms that Japan demanded after the Korean Peninsula became an independent country after the Sino-Japanese War.
Ultimately, after the annexation of Japan and South Korea in 1910, the establishment of the family register system and the change of names to the So family led to the abolishment of status records on family registers, and the systematic slave system came to an end.
With modernization under Japanese rule, the slave system that had lasted 2,000 years since recorded history on the Korean peninsula ended, and as many as 40% of slaves were freed.
A big question arises here. Nearly half of the population was liberated from slavery, gained rights as ordinary people, and began to live a civilized life. Do these people hold a grudge against Japanese rule? "I will not forgive Japan for liberating me, my family, and my future descendants from a life of slavery"...?
The yangban were indeed deprived of the right to abuse slaves and enrich their own pockets. Then, perhaps one day, they suddenly became the same class as the people who had previously been slaves. There is no doubt that the anti-Japanese movement was led by people who were dissatisfied with having their rights taken away from Japan.
South Korea says that Japan colonized the Korean Peninsula, but Japan liberated as many as 40% of its slaves. The Korean peninsula was colonized by the Yangban, a privileged class of Korea.
Technology and knowledge of the Korean Peninsula at that time from pictures of unicycles on the Korean Peninsula.
This photo is often introduced as an interesting ride on the Korean Peninsula, but how about comparing it to the second one in terms of efficiency and cost?The second one is a Japanese rickshaw, but neither is a modern vehicle.The difference is whether it is one wheel or two wheels.
At that time, there was no technology to make wheels on the Korean Peninsula, so it was imported from China.The wheels were expensive, and even though they were aristocrats on the Korean Peninsula, they moved on one wheel.As a result, the biggest difference is the number of people driving the car.In the case of one wheel, it becomes unstable when people ride on top of it and requires two people in front and back.In the case of two wheels, it can be operated by one person for stability.It can be imagined that human costs were much lower than wheels.Or there was no concept of labor costs.If you think about transportation efficiency, you can say everything about agricultural work and transportation of goods.If you need twice as many people to transport things, production efficiency cannot be increased.
It is said that nearly half of the people were slaves at the end of Joseon.If you just order the slaves, there will be no labor costs.
According to Jeong Dong-yu, a Confucian scholar in the Joseon period, "The Sheep, the Car, and the Needle" is not available in Joseon.During the Joseon Dynasty, there was no technology to bend and round wood to make wheels, and there were no horse-drawn carts, cattle carts, rickshaws, or agricultural water wheels.Will this be effective in farming?The absence of needles indicates that metal processing techniques are extremely low.Needles must be made with the technique of sharpening metal and must not be broken.Also, it is necessary to make a hole in the rear part where the thread can be machined.During the Joseon Dynasty, wheels and needles were obtained from China.
You can't make things without those tools.In order to make the tool, we need the tool to make it.Japan's industrial revolution was made possible based on craftsmanship handed down over 1,000 years.They made production facilities and railways that they learned from the West in imitation.
In winter, the Korean Peninsula is cold and warm, but when Japan came to Korea, it was bare and bare.As soon as it rained on the bare mountains, a lot of water flooded the fields and destroyed the crops.Japan planted forests on the mountains of the Korean Peninsula.The number has reached 1 billion in 10 years since 1911.This is a problem unrelated to the Industrial Revolution.This is because it is a matter of improving the efficiency and planning of human resources.During the Joseon Dynasty, no progress was made due to the servitude of the people, and technology and knowledge were lost.
Korea cries out that it was taken away by Japan due to the annexation of Japan and South Korea, but there was nothing on the Korean Peninsula when Japan went there.
Sun Song lived a rich life even after the annexation of Japan and Korea. It is said that Japan trampled on and enslaved Korea.
After the annexation of Korea and Japan, Sun Song lived in Changdeokgung Palace in Gyeongseongbu and was named King Lee.Before the annexation, he was physically and mentally weak, and he could not walk without the support of his servants, but by this time he was able to walk and respond pleasantly.Terauchi Masayoshi says it may be because he was "free from the pain of many national troubles."
King Lee is very nervous, and he looks at his watch and goes to bed on time.From 2 p.m. to 4 p.m. on weekdays, he enjoyed his hobby of playing billiards and listening to the phonograph at night.King Gojong, who became King Lee Tae-wang's father, has a good memory and never forgets the name of the audience.Kaneyoshi Yoshikawa and his son, who were the first chefs of the Imperial Hotel, liked French food and every day.
In June 1917, he visited Japan and met with Emperor Taisho, who visited Korea 10 years ago.In November, most of Changdeokgung Palace was destroyed by fire and moved to a building called Rakseonjae, which was burned down, but it was too narrow.Lee Wan-yong thought about moving to Deoksugung Palace, where King Lee Tae-wang lived, but Lee said, "I will not move because it is Changdeokgung Palace given to me by the Emperor," and lived in Nakseonjae for two years.Kwon Doo-shiro, an official at the Lee Wang office, believes that the Lee family's ancestral rites will be maintained according to the name of Changdeokgung Palace.
Did the Korean Peninsula belong slavlity to Japan?Usually, the royal family on the conquered side is either executed or expelled.
feudalism and modernization The Industrial Revolution cannot succeed in the Joseon Dynasty.The existence of proletariat is indispensable for the Industrial Revolution.The goal of defeating the Edo Shogunate, which was a closed-door policy, was not only to open the country, but also to break away from the feudal system and destroy the shogunate system.In other words, as long as people are in feudalism and are bound by land, they cannot secure a fluid labor force.Even in new industrial development, necessary human resources cannot be gathered where they are needed.
In this sense, if you look at the Korean Peninsula at that time, it is not feudalism but servitude, which is from the Middle Ages.In fact, it is said that things that developed in the Middle Ages did not develop and were in a pre-medieval state.Thus the servant was bound not only by the land, but also by his master, and had no freedom.Was it possible to get workers for Industlial Revolusion?
In order to modernize, it is essential to destroy the traditional feudal social system.The Meiji Restoration was the same, and the 1911 Revolution aimed to break away from the Qing dynasty.For this reason, Kim Ok-kyun's way of thinking is correct.Only when the Joseon dynasty is overthrown can social reform be carried out, and the road to modernization begins there.