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Politics List
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Apples and oranges
Samsung Electronics delivered stunning and milestone-making earnings for the second quarter with operating profits at 14 trillion won ($12 billion) on sales of 60 trillion won. The company would have earned 1 trillion won every week during the last t…
July 08,2017
Beware the demographic cliff
The Bank of Korea has warned that current demographic trends could lead the country’s economy to generate near-zero growth in 10 years. Annual GDP growth, which averaged 3.9 percent between 2000 and 2015, could slow to 1.9 percent between 2016 and 20…
July 08,2017
Lacking a sense of crisis
We are dumbfounded by the remarks made by ruling Democratic Party Chairperson Choo Mi-ae when she met with Chinese Ambassador to Seoul Qiu Guohong on Thursday. She told him she understands China’s concerns about the deployment of the Terminal High Al…
July 07,2017
Principles of justice
In “Theory of Justice,” American philosopher John Rawls wrote, “The principles of justice are chosen behind a veil of ignorance.” President Moon Jae-in envisions employing the “veil of ignorance” in hiring to ensure bias does not interfere in the pro…
July 07,2017
Moon in the hot seat
The long-range ballistic missile North Korea tested on the fourth of July was officially confirmed as an ICBM. U.S. Secretary of State Rex Tillerson denounced the North’s test-launch, which poses a new threat to the United States and its allies. Sout…
July 06,2017
Unimaginable entertainment
Park Sang-ki, the Yonsei University Law School professor that President Moon Jae-in nominated as justice minister, has come under fire for having joined a 60-year-old law Ph.D student in soliciting illegal entertainment while he was the dean of Yonse…
July 06,2017
Bridge of no return
Dismissing South Korean President Moon Jae-in’s willingness to resume dialogue with North Korea, leader Kim Jong-un on Tuesday test-fired an ICBM into the East Sea. According to the North, the missile shot up to an altitude of 2,802 kilometer (1,741 …
July 05,2017
Toward mutual prosperity
Predatory and unfair practices by franchisors have long been commonplace. They unilaterally fix or nullify franchise agreements, transfer the cost of advertising and renovation to their franchisees, and force umbrella outlets to buy supplies beyond n…
July 05,2017
Reinventing the party
The Liberty Korea Party elected its former presidential candidate Hong Joon-pyo as the new head of the main opposition party in Monday’s national convention. With Hong taking the helm of the embattled party, which has 107 seats in the National Assemb…
July 04,2017
Backpedaling on reform
The new administration is poised to undo railway competition that had been pursued as a part of privatization and reform in public railroads over the last decade. Following an earlier plan to merge a fledgling high-speed railway system Supreme Railwa…
July 04,2017
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