Economic Growth Strategies Beyond Neoliberalism: Do We Need New Models for the 21st Century?

Perhaps lost in the attention given to the summit last week in Hanoi between the US president and North Korea’s Kim Jong-Un is the worsening income disparities among South Koreans. Behind the per capita income figure approaching $40,000, membership in the OECD, and the success of some of its world-class corporations like Samsung and Hyundai is the unpleasant truth that Korea’s internal peace is being upset by widening inequality and the reappearance of poverty.