"Development experts and theorists of democratization take note. South Korea has the same culture, historical legacies, and so on as its neighbor to the North. And yet it is an advanced industrial economy and a thriving democracy that has just, despite its Confucian culture, elected a woman as president. It has managed to reach this high point of prosperity and human dignity because of — to reduce a complex set of phenomena to its minimal essence — different institutions than those in the North: democratic and capitalist ones. (I realize that I may be violating some tenet of doctrinaire realism with this observation. For the less doctrinaire, the contrast between the two Koreas is a useful reminder of why we try and favor and even push for democratic capitalism). Given the stark contrast between the two countries one can safely draw at least one conclusion: There is nothing inherent in culture or history that ipso facto should keep a country poor and enslaved."
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Sung-Yoon Lee
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