Thursday, March 03, 2016

North Korea's Money-Grubbing Millenials

"People of my generation hate the United States but they love the dollar. They hate Japan but they love the yen. Some might hate China but they love the yuan," he says.

Lee gives the example of 2009 reforms, which were designed to crack down on the growing power of the private enterprise and revive socialism. This was a "huge fail", he claims, and demonstrated that "North Korea cannot control the markets".

Evidence suggests that the so-called market generation has better access than ever to information from the outside world through illegally smuggled DVDs, films and mobile phones.

ALSO: Jiro Ishimaru at the Foreign Correspondents Club of Japan: Inside the DPRK

No comments: