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Okay and? Look at Samsung phones. They so good!
by rejectfinite 4y ago
Okay and? Look at Samsung phones. They so good!
- durnygbur 4y agoThis was the only way so now we all can have expensive, oversized, slippery, scratch and crack attracting spy phones in our pockets.
- mdp2021 4y agoNeither the original post nor this answer make clear sense in the context. The original post seems to relate that "South Korea went from 6% of the GDP in the USA in 1953 to that of the UK in 2020" with a history of dictatorship, while the point of the article is exactly the - noted - "strangeness" of the results. The above reply mentions some quality in products of Samsung while the article is explicitly about the difficulty of understanding why «Samsung, Hyundai or LG» became what they ended up to be. (And the first half dozen posts seemed to try and throw an answer to the title, as if its closing question mark made it an open quiz.) We need more clarity.
- mathverse 4y agoSouth Korea tried their take on Wirtschaftswunder. They had a model and they knew how to achieve it through propping their industries. To some extent you could say they were state owned companies as they were intentionally directed to do certain things.
- mdp2021 4y agoYes, but the point of the article is that research does not seem to have been able to point out what exactly were the "learnt lessons", the winning components in those «propping» and «direct[ing]».
- zozbot234 4y agoSouth Korea was a dictatorship that managed to democratize peacefully. That already makes it unusual compared to most dictatorships.
- tekla 4y agoI suggest that you read up on the 518 incident before claiming that Democratizing South Korea was peaceful.