Offspring of Empire: The Koch'Ang Kims and the Colonial Origins of Korean Capitalism, 1876-1945

Offspring of Empire: The Koch'Ang Kims and the Colonial Origins of Korean Capitalism, 1876-1945

Offspring of Empire: The Koch'Ang Kims and the Colonial Origins of Korean Capitalism, 1876-1945

Offspring of Empire: The Koch'Ang Kims and the Colonial Origins of Korean Capitalism, 1876-1945

Excerpt

South Korea's rise to global economic prominence in the last three decades is one of the great stories of our time and has captured the interest and imagination of scholars throughout the world. There is no need here to recite familiar statistics. Suffice it to say that we are confronted with an economic achievement so dramatic that it has become popularly known as the "Miracle on the Han" and even forced some of the less doctrinaire minds of the New Left to question their most basic ideas about capitalism and economic growth in the Third World. If Western observers once shrank from describing the "meanness" of Seoul, like the late nineteenth-century traveler and geographer Isabella Bird Bishop, they are now more likely to vie with one another in searching for new superlatives to depict the economic vitality and wealth of the old capital city and the country as a whole.

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