Why is South Korea a third world tier oligarchy?
>>220764187Their country is literally founded and ran by oligarchs, who rose to prominence by being collaborators with the Japanese occupation. The oligarchs control the political system and the economy
>>220764187What is this supposed to represent?
i welcome my samsung overlords for paying taxes and giving me my neetbux
>>220764187how is having you business in a family is a bad thing?
>>220764187Is this the wealth of the oligarchs in the country?
>>220764392If you couldn't intuit it from OP you're ngmi
>>220764543I guessed it just wanted to confirm.
>>220764494It's obvious corruption at that level. If it's gonna essentially be public firms but family owned, why not just embrace SOEs like China at that point?
>>220764494Dutch disease or something. Economists claim it’s bad.
Getting really tired of these diaspoo "asians" making hundreds of threads about us. Didn't we give all the hacking tools to escape your ricecel status? You should be using it to slay vagines instead of thinking about us 24/7.
>>220764543>EuropeMy favourite country.
>>220764187I've heard they still have clan society.
>>220764543>>220764187The only well-known Japanese family-run conglomerates overseas are the Toyota family (Toyota) and Sanrio… I can’t think of any others.
>>220765138Mitsubishi, Nissan, Kawasaki, Fujitsu, Suzuki?
>>220765177No.Mitsubishi is not a family-run business.The Iwasaki family, the founders of the company, withdrew from the front line of management following the post-war ‘dismantling of the zaibatsu’.Nissan- do you know Carlos Ghosn?Kawasaki,Suzuki and Fujitsu are same as mitsubishi.
>>220764187South Korea's oligarch were benevolent enough to improve the life of their citizens and equally distribute their wealth.That's not third world. That will never happen in a real third world country.
>>220765270Interesting. What other big family businesses does your country have?
>>220764187>family governance bad. Sell everything to multinational kikes insteadSneed
>Family firmsSoul, here for the long-term>Non-family firmsSoulless race to the bottom, line must go up
>>220765299Suntory (the drinks company) is family-run, but it isn’t really well-known overseas, is it?After all, 99% of Japanese companies are small and medium-sized enterprises. It’s difficult to become world-famous unless you’re a large corporation. Companies that only make zipper or medical equipment are unlikely to become world-famous, aren’t they?
>>220764187I need someone with a three digit IQ to explain to me why having so family businesses is a bad thing.
>>220766382Normgroids(goycattle) think having a (((board of directors))) is always good for a company's future.Brownies just parrot whatever normgroid media say, hence this thread.