Rising Inequality and Shifting Class Boundaries in South Korea in the Neo-Liberal Era.
Having maintained a relatively equitable pattern of income distribution throughout the period of rapid economic development, South Korea has experienced a drastic increase of inequality over the past two decades. This article examines Korea's income distribution pattern and identifies several struct...
| Publicado en: | Journal of Contemporary Asia Vol. 51; no. 1; pp. 1 - 20 |
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| Formato: | Artículo |
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Taylor & Francis Ltd
Mar2021
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=147858408&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 147858408 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00472336 CAS jtl: Journal of Contemporary Asia issn: 00472336 maglogo: N pubinfo: dt: Mar2021 vid: 51 iid: 1 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 147858408 10.1080/00472336.2019.1663242 ppf: 1 ppct: 19 formats: tig: atl: Rising Inequality and Shifting Class Boundaries in South Korea in the Neo-Liberal Era. aug: au: Koo, Hagen affil: Department of Sociology, University of Hawaii at Manoa, Honolulu, USA su: Income inequality Labor market Development gap Economic conditions in South Korea, 2002- South Korean economic policy Labor market -- Law & legislation Twenty-first century sug: subj: Income inequality Labor market Development gap Economic conditions in South Korea, 2002- South Korean economic policy Labor market -- Law & legislation Twenty-first century keyword: affluent middle class class boundaries polarisation South Korea affluent middle class class boundaries polarisation South Korea ab: Having maintained a relatively equitable pattern of income distribution throughout the period of rapid economic development, South Korea has experienced a drastic increase of inequality over the past two decades. This article examines Korea's income distribution pattern and identifies several structural cleavages and mechanisms in the economy that account for the rising inequality and then considers various class structural implications of this change in income distribution. It argues that Korea's income distribution has become polarised, but that this polarisation is more complex than usually captured by the popular phrase, "the top 1% versus the bottom 99%." It involves two forms of polarisation: one, occurring in the labour market between regularly employed and non-regularly employed workers, and between employees of large firms and smaller firms; and the other, between a minority of top income earners (the top 1% to 10%) and the rest of the labour force. The consequences of this skewed income distribution include a shrinking middle class, blurring class boundaries, internal divisions within both the middle and the working class, and the rise of a new, affluent middle class. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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