Simultaneous Transitions: Democratization, Neoliberalization, and Possibilities for Class Compromise in South Korea

Wonik Kim
Additional contact information
Wonik Kim: Department of Political Science, Louisiana State University, wkim@lsu.edu

Review of Radical Political Economics, 2010, vol. 42, issue 4, 505-527

Abstract: The purpose of this paper is to bring class compromise back into the study of South Korean political economy and present it as a possible alternative to the overwhelmingly one-sided neoliberal trajectory in South Korea. The process and conditions under which positive class compromise is acquired are identified in terms of the Polanyi-Gramsci nexus. This perspective suggests that the restoration of state-led developmentalism would be unfeasible under a democratic regime, while the implementation of a purely neoliberal blueprint may lead to unproductive class conflict. Employing this theoretical framework, I examine possibilities for positive class compromise in the context of the simultaneous transitions—democratization and neoliberalization—in South Korea. JEL classification: B5, H7, O53, P5

Keywords: class compromise; neoliberalism; democratization; developmental state; Polanyi; Gramsci (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://rrp.sagepub.com/content/42/4/505.abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:42:y:2010:i:4:p:505-527

Access Statistics for this article

More articles in Review of Radical Political Economics from Union for Radical Political Economics
Bibliographic data for series maintained by SAGE Publications ().