Korea’s Post-1997 Restructuring

Hyeng-Joon Park

Review of Radical Political Economics, 2016, vol. 48, issue 2, 287-309

Abstract: This paper aims to transcend current debates on Korea’s post-1997 restructuring, which rely on a dichotomy between domestic industrial capital and foreign financial capital, by adopting Nitzan and Bichler’s capital-as-power perspective. Based on this approach, the paper analyzes Korea’s recent political economic restructuring as the latest phase in the evolution of capitalist power and its transformative regimes of capital accumulation.

Keywords: differential accumulation; dominant capital; chaebols; transnationalization; strategic sabotage (search for similar items in EconPapers)
JEL-codes: B59 F59 O16 P16 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:48:y:2016:i:2:p:287-309

DOI: 10.1177/0486613415594147

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