Simultaneous transitions: Democratization, neoliberalization, and possibilities for class compromise in South Korea
Document Type
Article
Publication Date
12-1-2010
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. © 2010 Union for Radical Political Economics.
Publication Source (Journal or Book title)
Review of Radical Political Economics
First Page
505
Last Page
527
Recommended Citation
Kim, W. (2010). Simultaneous transitions: Democratization, neoliberalization, and possibilities for class compromise in South Korea. Review of Radical Political Economics, 42 (4), 505-527. https://doi.org/10.1177/0486613410375060