Lee Jae-myung Government at a Crossroads: 'Mitigate Inequality' or 'Betrayal of Supporters'?
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- A report indicates South Korean inequality has returned to levels seen during the Japanese colonial era, with the top 1% income share similar to that period.
- Sociologist Cho Don-moon argues that societal acceptance of inequality as a ruling ideology prevents escape, proposing a 'non-reformist reform' strategy.
- The article discusses the need for political mobilization of the working class, support for women and youth, and policy changes like progressive taxation and increased social infrastructure.
Recent reports suggest South Korean inequality has reached levels comparable to the Japanese colonial era, with the top 1% income share mirroring that period. Sociologist Cho Don-moon, in his works 'Ideology of Inequality' and 'Project for an Equal Society,' contends that South Korea remains trapped in inequality because it has accepted it as a dominant ideology.
Cho proposes a 'non-reformist reform' strategy, emphasizing the need to build trust through small reforms before escalating change. He notes that while South Koreans perceive inequality as serious, they doubt the feasibility of an equal society and often hold contradictory views, such as acknowledging the need for government intervention in welfare while resisting tax increases.
The article contrasts South Korea's capitalist model with Sweden's, advocating for a social welfare system that ensures economic prosperity alongside equality. This involves strengthening worker security, implementing universal welfare, and promoting gender equality in the labor market, all achieved through decades of labor class political mobilization and solidarity.
Cho criticizes the current discourse surrounding labor unions, labeling 'regular worker selfishness' as an excessive stigma. He argues that democratic labor movements possess a dual nature as both interest groups and class organizations. He stresses the need for unions to unify divisions and pursue the class interests of all workers, including non-regular employees, women, youth, and small business workers, alongside social responsibility.
The proposed institutional reforms include enacting comprehensive anti-discrimination laws, creating quality public sector jobs, and realizing social inheritance through basic youth assets. Cho believes the current Lee Jae-myung government stands at a crossroads: pursuing tax cuts for the wealthy would disappoint the public, while implementing progressive taxation, particularly on real estate, could mitigate wealth and income inequality. He urges against repeating the mistakes of the previous administration by ignoring social and economic reforms, emphasizing the formation of a strong alliance among labor, women, and youth to drive change and overcome resistance to tax burdens.
Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.