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To: katyusha

http://news.bbc.co.uk/2/hi/asia-pacific/country_profiles/1131421.stm

After the Korean War, Kim Il-sung introduced the personal philosophy of Juche, or self-reliance, which became a guiding light for North Korea's development.


46 posted on 09/25/2006 7:28:33 AM PDT by Valin (http://www.irey.com/)
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To: Valin

"After the Korean War, Kim Il-sung introduced the personal philosophy of Juche, or self-reliance, which became a guiding light for North Korea's development"

I'm well aware of Juche, but that is not what lead to the downfall of North Korea's economy. What did destroy it was:

1. Stalinism, which destroys agriculture via collectivization, and instills a primitive concept of industry and technology.
2. Total lack of any entrepeneurial class--it all fled south.
3. A brutal and thouroughly corrupt regime which discouraged any sane person from investing in it.
4. The Korean War didn't help matters any; but the ROK was able to recover from the devastation economically because it lacked the first three handicaps (and had the US as a sugar daddy of sorts)


49 posted on 09/25/2006 7:43:37 AM PDT by katyusha (Those who fail history are doomed to go to summer school)
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