Capitalist Development in Korea : Labour, Capital and the Myth of the Developmental State book cover
1st Edition

Capitalist Development in Korea
Labour, Capital and the Myth of the Developmental State

ISBN 9780415541008
Published April 17, 2012 by Routledge
216 Pages

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Book Description

Contrary to the widely-held view that the East Asian "developmental state" is neutral in terms of the relationship between capital and labour – a benign co-operation between state officials and businessmen to organise economic development – this book argues that in fact the developmental state exists to promote the interests of capital over the interests of labour. Dae-oup Chang asserts that there has been a deliberate mystification concerning the reality of this process. This book presents a radical, Marxist critique of state development theory. It both explains the exploitative functions of the state, looking at the emergence of the particular form of capitalist state in the context of the formation and reproduction of capital relations in Korea; and also traces the origin and development of the process of mystification whereby the capitalist state has been characterised as the autonomous developmental state. In addition, the book provides a comprehensive analysis of labour relations in Korea both before and after the 1998 financial crisis, demonstrating continuing capital relations, state transition and class struggle.

Table of Contents

1. Introduction  2. The Mystified State: Explaining the State in the Economic Miracle  3. Marx’s Theory of Value and the Critique of Capitalist Social Relations  4. The Reproduction of Capital Relations, the State and Class Struggle  5. Toward a Critique of the Korean State  6. The Early Formation of the Capital Relations and the State  7. The Politicised Development of Capital Relations and the Korean State  8. Class Struggle and The Unfolding Crisis  9. Labour, Capital and the State in Transition  10. Conclusion

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Dae-oup Chang is based at SOAS, University of London, UK and was formerly Post-doctoral fellow and Honorary Research Assistant Professor in the Centre of Asian Studies, University of Hong Kong.  He is also a member of the board of directors of the Asia Monitor Resource Centre in Hong Kong, and has written a number of books on the labour relations of Asian developing countries and critical political economy.