Observations on South Korea

South Korea’s success has been deep but not wide. Almost half of its population lives, works and competes in Seoul. Its occupational structure is also narrow. The number of professions in South Korea is only two-thirds of the number in Japan and only 38% of that in America. This striking statistic is not lost on the South Korean government (few are). It has appointed a task force to foster 500 promising occupations, such as veterinary nurse, chiropractor and private detective.

Tyler Cowen, an economist at George Mason University, once pointed out that America has more than 3,000 halls of fame, honouring everyone from sportsmen to accountants. If people cannot reach the top of one ladder, they climb a different one. In South Korea, by contrast, people share a common definition of success. Everyone is clambering up the same set of rungs, aspiring to the same prizes and fearing similar failures. Those who say they are trying for something else are not quite believed. “People would rather be the tail of a dragon than the head of a snake,” as one journalist put it.

The entire article is interesting, from The Economist.

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