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Differences between materialism in North and South Korea illustrate why they require different solutions

Can Kim’s economic ambitions survive the COVID-19 pandemic? [Los Angeles Times :: BC-COVID-NKOREA-EEDITION:MCT] After declaring three years ago that his country fulfilled it decadeslong ambition to become a nuclear power, North Korean leader Kim Jong Un turned his attention to fixing an ailing economy that was undermining his pledge to better the lives of his people. Since then, despite heavy international sanctions restricting trade and most financial transactions, the economy has limped along. Prices remained relatively stable. Growth exceeded expectations. Kim appeared confident enough a...

Can Kim Jong Un’s economic ambitions survive the COVID-19 pandemic? [Los Angeles Times :: BC-NKOREA:LA] After declaring three years ago that his country fulfilled it decadeslong ambition to become a nuclear power, North Korean leader Kim Jong Un turned his attention to fixing an ailing economy that was undermining his pledge to better the lives of his people. Since then, despite heavy international sanctions restricting trade and most financial transactions, the economy has limped along. Prices remained relatively stable. Growth exceeded expectations. Kim appeared confident enough about his...

President Trump charted a whipsaw course in relations with North Korea, going from alarming nuclear tests and brash threats to friendly summits with Kim Jong Un. President-elect Biden has not ruled out meeting with Kim but has signaled he’d revert to a more patient, measured approach. Advertisement In a speech at a party congress this month, Kim acknowledged the country “fell a long way short” of five-year economic targets set in 2016, a candor that has set him apart from his father. Blaming external factors and his government for the economic failings, Kim appeared to double down on e...

Can Kim Jong Un's economic ambitions survive the COVID-19 pandemic? Victoria Kim © Provided by The LA Times North Korean soldiers applaud Kim Jong Un at a Workers' Party congress in Pyongyang on Jan. 15, 2021. (Jon Chol Jin / Associated Press) After declaring three years ago that his country had fulfilled its decades-long ambition to become a nuclear power, North Korean leader Kim Jong Un turned his attention to fixing an ailing economy that was undermining his pledge to better the lives of his people. Since then, in the face of heavy international sanctions restricting tra...