Confucian Capitalism of Park Chung Hee: Possibilities and Limits

Seok-Choon Lew

Chapter Chapter 5 in The Korean Economic Developmental Path, 2013, pp 95-117 from Palgrave Macmillan

Abstract: Abstract Until very recently, debate has been ongoing as to whether integration between capitalism and Confucianism can be achieved. We now have a clear answer to this question. Numerous examples—the economic prosperity of Japan, followed by the remarkable economic development in Korea, Taiwan, Singapore, and Hong Kong, and the more recent economic booms in China and Vietnam—show that Confucianism can be incorporated into capitalism. The two philosophies have found a fruitful common ground even as scholars continued to wrestle with this matter.

Keywords: Civil Society; Confucian Ethic; Confucian Tradition; State Bureaucrat; Protestant Ethic (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34729-9_5

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DOI: 10.1057/9781137347299_5

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