u/Ok-Huckleberry5836

Workers' Anger Grows Over Samsung Electronics' 600 Million Won Bonuses
▲ 50 r/korea

Workers' Anger Grows Over Samsung Electronics' 600 Million Won Bonuses

On the 22nd at 7 a.m., Park, 27 years old, was greeting office workers heading to work at a convenience store near Samsung Electronics’ Seocho headquarters in Seocho-gu, Seoul. On that day, the front page of a newspaper displayed on the store’s shelf featured an article stating that employees in Samsung Electronics’ semiconductor division would receive performance bonuses of 0.6 billion Korean won per person next year. Park, who is preparing for employment, works 10 hours a day at the convenience store and earns 1.8 million Korean won per month. Park said, “Hearing that Samsung employees I greet as customers receive 0.6 billion Korean won in performance bonuses leaves me feeling hollow and angry without realizing it.”

The ‘gap’ in Korean society, which has emerged in areas such as assets, income, education, and employment, is spreading into ‘anger.’ Seoul National University’s National Future Strategy Institute and Chosun Ilbo commissioned Hankook Research to conduct a survey targeting 3,043 men and women nationwide over four days from the 27th to the 30th of last month. The survey’s theme was ‘Inequality and Conflict in Korean Society.’ According to the results, 78% of respondents answered that they ‘feel anger toward the unfair social structure.’ Respondents cited economic disparities such as assets (85%), housing (81%), and income (78%) as the most severe areas of inequality.

Regarding the cause of economic disparities, 87% of respondents said it was ‘due to differences in inherited wealth from parents.’ Alongside asset and housing gaps represented by real estate, the recent issue of performance bonuses exceeding 100 million Korean won at Samsung Electronics and SK Hynix, driven by the semiconductor boom, is analyzed as potentially exacerbating social anger by deepening frustration over income inequality.

In this survey, the proportion of respondents who ‘feel anger toward the unfair social structure’ was highest among those in their 40s, 50s, 60s, and the middle class. This indicates that the backbone of Korean society is shaking. Kim, 45 years old, a department head at an oil refining conglomerate, said, “Even though I consider myself to work at a decent company, seeing the ‘N% performance bonus’ at semiconductor firms leaves me so frustrated and angry that I cannot focus on my work.”

Kang Won-taek, director of Seoul National University’s National Future Strategy Institute, diagnosed, “This survey shows that Koreans’ anger has already transitioned into a collective emotion transcending social classes.” Director Kang added, “Considering that anxiety still holds expectations for the system, while anger stems from the judgment that those expectations have been betrayed, the frustration and anger of ‘efforts being betrayed’ could act as a spark leading to extreme social division.”

chosun.com
u/Ok-Huckleberry5836 — 6 hours ago
▲ 154 r/korea

Seoul calls North, South Korea ‘two states’ for first time in unification white book

How does the sub feel about the direction of policy? Given North Korea's harden stance, and with the failures of posturing with the military from previous administrations, is this the best course of action for a semblance of a peaceful Korean peninsula?

english.hani.co.kr
u/Ok-Huckleberry5836 — 3 days ago

70s Investors Trade Stocks Four Times More Than 20s

A 78-year-old resident of Yongin, Gyeonggi Province, identified as Choi, starts his day around 8 a.m. by opening a stock trading app. “I usually monitor the market situation from 8 a.m. until the domestic stock market opens at 9 a.m., then place buy or sell orders,” Choi said. “These days, I spend 2–3 hours daily switching stocks by theme. Last week, I sold robotics stocks, which had high returns, and bought nuclear power plant-related stocks.”

A 74-year-old resident of Songpa-gu, Seoul, identified as Kim, began checking stock apps daily from November last year. “Watching the morning news and seeing how related stock prices rise or fall is the highlight of my day,” Kim said. “I keep my lump sum invested in Samsung Electronics and SK Hynix, and usually trade small amounts in stocks with positive news for short-term gains.”

Although the Kospi index plummeted 3.25% on the 19th, showing volatile trading, the index had previously hit record highs and ranked first in major countries’ growth rates. This has led to increased stock investments by individuals in their 70s and older. Analysts note that retirees in their 70s and older have more free time and are not hesitant to enter the market to earn extra income. While younger investors are typically known for frequent trading, data shows that investors aged 70 and older made an average of about four times as many buy and sell transactions as those in their 20s during the first quarter (January–March).

◇70s Individual Investors Buying and Selling Twice Daily

According to Shinhan Securities on the 19th, customers aged 70 and older who sold stocks in the first quarter made an average of 45.7 transactions, about 3.7 times the 12.2 transactions made by those in their 20s. The average number of buy transactions by those aged 70 and older was 65.4, about 4.1 times the 15.8 transactions by those in their 20s. With 59 trading days in the first quarter, this means investors aged 70 and older bought or sold stocks roughly twice daily. The average profit from stock sales by investors aged 70 and older during this period was 18.73 million Korean won, compared to 1.43 million Korean won for those in their 20s.

The most profitable stocks for investors aged 70 and older were Samsung Electronics and SK Hynix, the top two in the domestic market. Investors earned average profits of 23.58 million Korean won and 21.18 million Korean won per person in these two stocks, respectively. Doosan Enerbility (5.47 million Korean won) and Hyundai Motor (7.82 million Korean won) followed. A Shinhan Securities official said, “The monthly average turnover rate, which shows how actively investors use their funds, was 92% for those in their 20s, meaning they almost completely replace their investment portfolios every month. However, the rate for those aged 70 and older was 45%, half that of those in their 20s, suggesting they invest large sums in major large-cap stocks and make multiple split buy or sell transactions.”

◇70s Lead in Debt-Fueled Investment Growth

The investment frenzy among those aged 70 and older is also evident in “debt-fueled investment” (investing with borrowed money). An analysis by Rep. Kang Min-guk of the People Power Party of credit transaction loan balances by age group at the top 10 domestic securities companies showed that the growth rate of debt-fueled investment among those aged 70 and older was the highest across all age groups. As of the second week of last month, credit transaction loans for those aged 70 and older totaled 2.1341 trillion Korean won, a 140.7% increase from the same period last year. This was followed by those in their 20s (124.5%), 60s (111.2%), and 30s (94.4%).

Professor Kang In-soo from the Department of Economics at Sookmyung Women’s University said, “Since those aged 70 and older lack stable labor income, if they have spare funds, stocks may be the most realistic option for preparing for retirement or achieving financial independence. Moreover, with the government actively promoting market vitality, there is a growing tendency to easily enter the stock market.” However, experts caution that those in their 70s, who typically have limited cash flow, should avoid putting all their funds into stocks, as losses are difficult to recover from.

chosun.com
u/Ok-Huckleberry5836 — 3 days ago

Workplace Korean class opens for foreign jobseekers

Knowing the demographics on this subreddit, I thought this could be useful for some!

>The Seoul Foreign Resident Center is organizing a Korean language class for foreign residents in Korea who are preparing to find jobs, with a focus on real-life expressions used in the workplace.

koreaherald.com
u/Ok-Huckleberry5836 — 4 days ago
▲ 59 r/korea

Milk tea chain Gong Cha on market as TA Associates pursues exit

Milk tea chain Gong Cha on market as TA Associates pursues exit

For UCK Partners, the 2019 sale of the franchise to TA Associates marked a landmark exit

By Dae-Kyu Ahn

TA Associates Management is seeking to exit milk tea franchise Gong Cha as South Korea’s dessert drink market becomes increasingly crowded with new entrants and low-cost coffee chains.

TA Associates recently selected JPMorgan as its sale advisor, according to recent media reports.

In 2019, TA Associates acquired 100% of Gong Cha from UCK Partners, formerly Unison Capital, and its early investors for 350 billion won ($235 million).

Founded in Taiwan in 2006, Gong Cha entered South Korea in 2012, where its signature bubble milk tea, then relatively new to Korean consumers, quickly gained popularity.

Since TA Associates’ acquisition, Gong Cha has continued its global expansion. In South Korea, however, it has lost ground to domestic rivals and low-cost coffee chains such as Mega MGC Coffee and Compose Coffee.

In 2023, its Korean operations posted a 61.9% year-on-year plunge in operating profit to 6.3 billion won. Revenue edged up 1.1% to 183 billion won.

The following year, the number of Gong Cha outlets in South Korea declined for the first time since the brand entered the country.

“There is a wide gap between the price TA Associates wants and market estimates,” said an investment banker. “Unless the two sides can narrow their differences, the sale is unlikely to go smoothly.”

LANDMARK EXIT FOR UCK PARTNERS

For UCK Partners, however, Gong Cha was a success story and gave the buyout firm confidence to expand its portfolio of Korean food and consumer services companies.

The Seoul-based private equity firm acquired Gong Cha’s South Korean operations in 2014 from a couple who had introduced the brand to Korea. It subsequently acquired the Taiwan-based global headquarters in 2017.

Under its ownership, Gong Cha grew into a global franchise with 1,120 outlets in 17 countries, including the US and Japan.

At the time, it generated 42% of its revenue from overseas markets. UCK realized nearly nine times its initial investment through the 2019 divestment.

BEST-PERFORMING PRIVATE EQUITY FUND 

Thanks to the large proceeds from the Gong Cha exit, UCK’s vehicle set up in 2014 was the best-performing private equity vehicle for Korea’s Government Employees Pension Service among PE funds liquidated over the past five years.

The UCK vehicle delivered an annual net internal rate of return of 13.95%.

Its portfolio also included Gourmet F&B Korea. UCK acquired the company in 2016 and sold it to South Korea’s LF Group the following year, delivering a 150% return on exit.

Gourmet F&B Korea, an importer and distributor of French Isigny butter, saw its revenue surge amid a boom in natural cheese.

This year, UCK purchased U Moment Co., a Korean operator of premium wedding halls.

kedglobal.com
u/Ok-Huckleberry5836 — 4 days ago

TIL New Fed Chair Kevin Warsh was on the board of Coupang

The incoming US Federal Reserve Chairman had around $1.68 million USD in Coupang shares, before selling them all to comply with the ethics requirements tied to the federal position.

koreaherald.com
u/Ok-Huckleberry5836 — 6 days ago

Samsung cuts chip output ahead of strike as over $67 bn disruption feared; union rejects talks

Samsung cuts chip output ahead of strike as over $67 bn disruption feared; union rejects talks

Government and management push for last-minute talks, but unionized workers reject compromise as threat of nationwide economic fallout intensifies

By Chae-Yeon Kim, Yong-Hee Kwak and Hye-Ryung Kang [] Published May 14, 2026 at 8:11 PM(KST)

Samsung Electronics Co., the world’s top memory chipmaker, has begun scaling back semiconductor production ahead of a planned nationwide labor strike, taking emergency steps to cushion what industry officials warn could become one of the most disruptive industrial actions in South Korea’s modern corporate history.

The company has entered a “warm-down” phase, reducing the number of new wafers fed into semiconductor production lines and prioritizing advanced, high-margin products such as high-bandwidth memory (HBM) chips, according to industry sources on Thursday.

The precautionary measures come a week before Samsung’s main labor union is scheduled to begin an 18-day general strike on May 21, after more than 43,000 unionized workers reportedly signed up to participate.

The scale of the planned walkout has raised fears that entire fabrication lines could be forced to halt, threatening a shutdown at the heart of the global semiconductor supply chain.

MEMORY DEEPLY INTEGRATED INTO GLOBAL TECH ECOSYSTEM

Samsung’s semiconductor operations, particularly its memory chip business, are deeply integrated into the global technology ecosystem, supplying key components for artificial intelligence servers, smartphones and consumer electronics.

Industry analysts estimate that a prolonged stoppage could result in losses approaching 100 trillion won ($67 billion), reflecting not only lost production but the high cost of restarting complex fabrication processes.

Unlike conventional manufacturing plants, semiconductor fabs cannot be easily paused and restarted.

Analysts said abrupt disruptions can lead to equipment recalibration delays, wafer spoilage and quality-control risks, particularly if highly specialized engineers are unavailable to manage recovery.

“The cost of shutdown extends well beyond temporary output loss,” said a semiconductor executive familiar with contingency planning. “If experienced personnel are absent for too long, product yields and customer trust could also be affected.”

UNION REJECTS TALKS

The production cuts come as both Samsung management and Korea’s labor authorities are making strenuous efforts to avert the strike.

Earlier on Thursday, Samsung sent formal letters to both its umbrella labor organization and the National Samsung Electronics Union, urging a return to direct negotiations a day after government-led mediation efforts at the National Labor Relations Commission broke down.

The labor commission has also recommended a second round of post-mediation talks on May 16, offering a revised settlement proposal aimed at bridging the divide.

According to people familiar with the negotiations, the proposal includes special bonus payments funded by 12% of operating profit if Samsung’s Device Solutions (DS) division achieves top-tier performance targets, with similar arrangements potentially extended beyond 2026.

But union leaders swiftly rejected the overture, reiterating demands for greater transparency in performance-based compensation, the removal of bonus caps and the institutionalization of profit-sharing mechanisms.

In a statement, union representatives demanded that Jun Young-hyun, vice chairman and head of Samsung’s DS division, respond personally by Friday morning.

“Without meaningful change, we will proceed with lawful industrial action,” the union said.

PRESSURE FOR THE GOVERNMENT TO INTERVENE

As the standoff deepens, calls are growing for the government to invoke emergency arbitration powers under Article 76 of the Trade Union and Labor Relations Adjustment Act, a rarely used legal mechanism reserved for disputes deemed harmful to the national economy.

If triggered by the Ministry of Employment and Labor, the measure would suspend all strike action for 30 days while the labor commission imposes compulsory mediation.

Business groups, including the Korea Enterprises Federation, are reportedly preparing a joint statement opposing the strike, warning that any prolonged disruption at Samsung could hurt Korea’s export-driven economy.

Samsung remains the country’s largest corporate exporter and a cornerstone of the global memory chip market.

SHIFTS IN KOREA’S LABOR RELATIONS

The dispute also highlights a broader transformation in Korea’s labor landscape, where wage negotiations are increasingly shifting from fixed salary increases toward demands for direct participation in corporate profits.

Major companies, including Hyundai Motor Co.Kakao Corp.HD Hyundai Heavy Industries Co. and LG Uplus Co., have faced similar calls from employees seeking a larger share of earnings amid rising corporate profitability.

For Samsung, however, the timing could hardly be worse.

The chipmaker is attempting to regain lost ground in the booming AI semiconductor market, where competition in advanced memory chips such as HBM has intensified.

A labor shutdown affecting HBM production would not only threaten near-term earnings but could also weaken Samsung’s position against global rivals at a critical moment, analysts said.

With negotiations stalled and operational safeguards already underway, investors and policymakers alike are now watching whether one of Korea’s most important industrial disputes can be resolved before the world’s largest memory chipmaker is forced into a partial standstill, they said.

kedglobal.com
u/Ok-Huckleberry5836 — 8 days ago

South Korea’s stock rally feeds real estate market, not spending

South Korea’s stock rally feeds real estate market, not spending

Equity gains have done little to lift consumption as households channel profits into savings, reinvestment and home purchases

By Sung-Mi Shim

South Korea’s stock market has delivered the kind of rally that would normally be expected to make households feel wealthier and spend more.

However, that hasn’t happened.

The benchmark Kospi index surged 58.6% from September through March, but household consumption rose just 2.1% over the same period, according to Bank of Korea gross domestic product data released Thursday.

In the first quarter alone, the Kospi jumped 48.2%, breaking through the 5,000 and 6,000 levels in quick succession, but household spending rose 2.4%.

Goods consumption rose 3.8% from September through March from a year earlier, according to the Ministry of Data and Statistics.

The mismatch underscores how little the stock market boom has translated into broader economic activity, said economists.

A Bank of Korea report also reached a similar conclusion. Using household panel data from 2012 to 2024, the central bank found that households spent only 0.013 won more for every 1 won increase in stock wealth.

That is roughly one-third the effect seen in major developed economies. Comparable figures were 0.038 in Germany and 0.032 in both France and the US, according to the BOK.

In South Korea, rising share prices have buoyed portfolios, but the gains have done little to unlock consumer spending.

Instead, many households are saving the profits, putting them back into stocks or using them to fund real estate purchases.

GAINS STAY IN ASSETS

With the spillover from stock gains still weak, many households are channeling their profits into home purchases, down payments or savings for future real estate deals.

The BOK said the share of home purchase funding that came from proceeds from stock and bond sales rose to 8.9% in January from 4.9% last May.

That means part of the equity rally is being recycled into property rather than flowing into restaurants, travel, retail or other parts of the consumer economy.

Some investors are also keeping profits in cash, waiting to buy stocks after a pullback.

The result is a muted transmission from financial markets to domestic demand.

Higher stock prices may improve sentiment, but in South Korea, they often reinforce the country’s long-standing preference for asset accumulation over discretionary spending.

STOCK OWNERSHIP GAP

The wealth effect is also constrained by the small role stocks play in Korean household balance sheets.

In 2024, stock assets held by Korean individuals amounted to 77% of disposable income, compared to 256% in the US and 184% in major European economies.

Stocks accounted for only about 7% of total Korean household assets.

That small base limits the impact of even a powerful equity rally.

If stocks represent only a modest slice of household wealth, gains in the market are less likely to change spending behavior across the economy, said analysts.

Stock wealth is also concentrated among higher-income and higher-net-worth households, further limiting the wealth effect from rising share prices. 

From 2020 to 2024, households in the top fifth by net worth booked average annual capital gains of 2.06 million won ($1,403).

Households in the lower four quintiles saw annual gains of just 100,000 won to 410,000 won, not enough to meaningfully change their spending behavior.

For many investors, the rally has generated useful extra money, not the kind of windfall that changes household budgets.

CAN THE WEALTH EFFECT GROW?

The BOK expects the wealth effect to strengthen as more households have lately entered the stock market.

The recent run-up in Korean shares has drawn younger investors as well as middle- and lower-income households, potentially broadening the base of equity ownership.

But that shift is unlikely to happen quickly, as South Korea’s household balance sheets remain heavily tilted toward property, and housing still shapes many financial decisions more than stock portfolios do.

“To help stock price gains feed into consumption, it is necessary to stabilize real estate prices, prevent excessive concentration in property and create an environment that encourages households to hold stocks for the long term,” said Kwak Beop-jun, head of the BOK’s macroeconomic analysis team.

kedglobal.com
u/Ok-Huckleberry5836 — 13 days ago
▲ 32 r/korea

TIL Kim Jongpil and Kim Youngsam were pretty fluent in Japanese

Kim Jongpil giving a speech in Japan in 2005 to mark the 40th year anniversary of the controversial 1965 normalization treaty. I'm not sure about the timeline for Kim Youngsam, but it appears to be sometime after he had become president.

I was kind of surprised by how fluent Kim Jongpil was, but when I looked it up, he was actually a brief transfer student to Chou University in Hachioji (western Tokyo) studying law.

I thought this was interesting bit of history.

Original video here: https://www.youtube.com/watch?v=2OUxVcDfp98

u/Ok-Huckleberry5836 — 14 days ago
▲ 129 r/korea

The original copy of Korean Emperor Gojong’s 1905 letter to U.S. President Theodore Roosevelt was found last month at the U.S. Library of Congress, 121 years after it was written, the Hulbert Memorial Society said Wednesday.

The letter, written in Chinese, was recovered on April 20 along with a six-page handwritten English translation by U.S. missionary and educator to Korea Homer Hulbert (1863-1949), whom the emperor had appointed as a special envoy to deliver it to the U.S. president.

On Oct. 16, 1905, Gojong wrote the letter amid mounting pressure from Japan to turn Korea into a protectorate, appealing to Washington in a diplomatic effort to keep Japan at bay.

“Japan has assumed the position of an enlightened power and she cannot thus break her pledged word and revert to purely oriental methods without losing in the minds of all thoughtful people the moral prestige which her avowed principles would secure for her if strictly adhered to,” the letter read. “For the sake of the Korean people we beg of you to use your powerful influence in this direction and to refuse to become a party to the further degradation of this Empire and the extinguishment of our last hope.”

The appeal, however, didn't arrive on time. On Nov. 17, about a month after the letter was written, the Eulsa Treaty was signed, depriving the Korean Empire of its diplomatic sovereignty and making it a protectorate of imperial Japan. Hulbert did not meet U.S. Secretary of State Elihu Root and deliver the letter until Nov. 25, and was unaware at the time that the treaty had already been signed.

While historians have long been aware of the letter, the whereabouts of the original copy had remained unknown.

Hulbert later described the episode in his memoir, “Hulbert Manuscript,” writing that Gojong deliberately composed the letter in Chinese to evade Japanese surveillance. In addition, rather than carrying the letter himself, Hulbert arranged for an American acquaintance in Seoul to include it in a diplomatic pouch bound for Washington.

Kim Dong-jin, chairman of the Hulbert Memorial Society, said the discovery offers an opportunity to reassess Gojong’s diplomatic efforts in the face of his country in peril.

“The fact that Gojong sent a letter to the U.S. president proves that he did not remain idle in the face of Japan’s growing pressure,” Kim said. “Gojong deserves reexamination.” Scholars are divided in their assessment of Gojong, with critics portraying him as an ineffective leader who failed to resist Japan’s encroachment.

An author and longtime advocate of Hulbert, Kim also said the letter sheds light on Hulbert’s role in Korea’s struggle for independence.

“Not many people in Korea know that Hulbert served as Gojong’s special envoy in 1905,” he said. “This letter shows the extent of his efforts for Korea. Hulbert deserves greater recognition, and I urge the government and academia to take a closer look at his contributions to Korea's fight for independence.”

u/Ok-Huckleberry5836 — 16 days ago

Asia fuel crunch reroutes Korean jet fuel from US to Japan

Japan’s purchases jumped nearly ninefold in March as regional shortages helped Korean refiners command record export prices

By Yoo-Chung Roh

South Korean refiners are diverting more jet fuel from the US to nearby Asian buyers, especially Japan, as a regional supply crunch reshapes trade flows and gives producers greater pricing power.

South Korea exported 7.35 million barrels of jet fuel in March, down 14% from the prior month, according to data from state-run Korea National Oil Corp.

The fall was largely driven by weaker US-bound shipments, with exports to the US down 35.8% to 2.58 million barrels from February. From a year earlier, US purchases fell 15.0% from 3.04 million barrels.

As a result, the US accounted for 35% of Korea’s jet fuel exports in March, down from about 50% before the Middle East war disrupted regional supply chains.

Asian countries, however, moved in the opposite direction.

Korean jet fuel exports to Japan reached 1.60 million barrels in March, up 8.9 times from 179,000 barrels the year previous and a 16% jump from the month before. 

March is typically a slow month for Korea’s jet fuel shipments to Japan, but this year it has been the strongest month so far.

Singapore also absorbed more Korean supply, with shipments rising to 772,000 barrels from 629,000 barrels a year earlier.

After the US military campaign against Iran began, Asian jet fuel prices soared as buyers scrambled for supply.

Korean refiners redirected some spot cargoes that would have gone to the US to closer Asian markets, where buyers were moving faster and paying more, industry officials said.

ASIA SCRAMBLES FOR SUPPLY

The stronger Asian bid has been driven by a worsening regional shortage.

In March, some countries, including Japan and Vietnam, imposed refueling restrictions on foreign airlines as jet fuel supplies tightened.

The squeeze was aggravated by export controls in countries that normally supply refined products to the region.

China and Thailand, both major exporters of refined products to Asia, tightened outbound shipments to prioritize domestic supply.

China’s refined product exports fell last month to about half of prewar levels from roughly 800,000 barrels a day before the conflict, according to energy data provider Kpler.

That has made Korea a more important swing supplier, industry officials said.

REFINERS GAIN PRICING POWER

With regional buyers competing for fewer available barrels, Korean refiners have also gained pricing power.

The country’s jet fuel exporters include SK Innovation Co., GS Caltex Corp., S-Oil Corp., HD Hyundai Oilbank Co. and Hanwha TotalEnergies Petrochemical Co.

The average export price of Korean jet fuel reached $184.24 a barrel in March, the highest since related data collection began in 1992 and more than double February’s $89.07.

Korea’s average crude import price rose 16.2% over the same period, to $75.75 a barrel.

That gap suggests refiners were able to raise product prices far more than their feedstock costs increased, giving them a margin boost in a market tilted toward sellers.

The benefit extends beyond jet fuel.

Korean refiners are also gaining ground in the broader refined products market as Middle Eastern exports are disrupted and major suppliers such as China and India prioritize domestic demand.

“China is moving to resume refined product exports this month, but crude supply itself remains insufficient compared with domestic demand, which could limit how much exports can recover,” said one refining industry official.

KOREA’S REFINING EDGE

The supply shock has also highlighted a structural advantage for Korean refiners, industry officials said.

Because South Korea imports all of its crude, refiners have spent years diversifying feedstock sources beyond the Middle East, blending crude from Asia, Africa and other regions.

They have also upgraded facilities to process a wider range of crude grades.

That gives them an edge over some Asian rivals that rely more heavily on Middle Eastern crude and have less flexibility to handle alternative feedstock.

“Among the Middle East, Asia, the Pacific and Africa, Korea is currently the only country with refiners able to export,” said Jeon Woo-je, an analyst at KB Securities Co.

“Asian refining margins are now at the highest level in history, and if they remain elevated through May and June and then adjust slowly into next year, Korean refiners could post record earnings.”

u/Ok-Huckleberry5836 — 21 days ago

It looks like they're setting up 양향자 against 추미애 for a cat fight. Given the overall optics, 추 is probably going to steamroll 양 의원, but we'll probably see some interesting quips here and there from their debates.

u/Ok-Huckleberry5836 — 21 days ago

North Korea as It Is

The Case for a Cold Peace

Victor Cha

May/June 2026Published on April 21, 2026

In the early 1990s, even before North Korea had any nuclear bombs, the United States began to realize that it would be the world’s next nuclear threat. At the time, North Korea barely had enough fissile material to build one or two crude bombs. It lacked the delivery systems that would allow such weapons to reach the United States. And it would be well over 15 years before the regime would do its first nuclear test. Yet concerned government officials and observant journalists recognized that North Korea was intent on obtaining nuclear weapons and would likely become a source of regional instability.

Three and a half decades later, North Korea has blown past even the most pessimistic predictions of its nuclear development. It has amassed 50 nuclear bombs and stockpiled enough plutonium and highly enriched uranium to build 40 to 50 more. It has developed nearly 20 different delivery systems, including long-range intercontinental ballistic missiles (ICBMs) that can reach targets in the United States. It is actively pursuing ballistic missiles that can be launched from nuclear submarines, whose range and ability to evade detection improve North Korea’s ability to strike back even if the United States attacks first. Pyongyang has tested its nuclear weapons six times and its various delivery systems more than 300 times. North Korean leader Kim Jong Un intends to develop a modern nuclear weapons arsenal the size of that of France or the United Kingdom, each of which has over 200 nuclear weapons, and he is well on his way. In return for North Korea’s provision of thousands of combat troops, millions of rounds of ammunition, and hundreds of ballistic missiles in support of Russia’s war in Ukraine, Moscow is helping Pyongyang surmount the technology hurdles that prevent Kim from building the nuclear arsenal of his dreams.

Since the potential nuclear threat emerged in the early 1990s, the United States’ North Korea strategy across seven presidential administrations has been driven by the logic of preventing nuclear proliferation, or what came to be called CVID—complete, verifiable, and irreversible denuclearization. American negotiators dealing with North Korea have repeated the same mantra: “With denuclearization, all things are possible. Without denuclearization, nothing is possible.” Washington’s strategy has been to offer incremental incentives, such as food and energy aid, to North Korea, in exchange for similarly scaled nuclear concessions—for example, a temporary freeze on operating reactors and a declaration of its nuclear inventory. And the United States has relied on economic sanctions to bring North Korea to the negotiating table and to pressure it to comply with nonproliferation agreements.

The size and sophistication of North Korea’s nuclear arsenal today shows that these approaches have failed. In addition to inconsistent U.S. policy and a lack of attention to North Korea amid perennial crises elsewhere in the world, the United States has struggled to implement and enforce denuclearization agreements because of a lack of buy-in from both North Korean leaders and U.S. presidents. Partisan divides in Washington have also forced each new administration to restart the negotiation cycle, and Pyongyang has repeatedly acted in bad faith by growing its nuclear programs and reneging on its commitments. Ultimately, a dearth of trust between North Korean and American leaders dating back to the Korean War—reinforced by many unsuccessful negotiations and agreements—has made it impossible to rein in Pyongyang’s nuclear ambitions. The one-­dimensional focus on nonproliferation has also hamstrung the United States in other areas of importance in which it could negotiate, such as reducing the size of North Korea’s conventional military or improving human rights. The use of economic sanctions as the primary tool of diplomacy, moreover, has not curtailed the nuclear program, and has only hardened resolve in Pyongyang.

The United States cannot continue the same approach; doing so will only make its failures more acute. Nor can it stand aside and do nothing because North Korea’s nuclear arsenal is increasingly able to target the U.S. homeland and a stronger North Korea can flex its military power to help U.S. adversaries, as it is doing by supporting Russia in Ukraine. The challenge is now even more daunting than in the past: with plentiful trade in energy and food with China and Russia, and combat experience and weapons technology from the Ukraine war, North Korea is in a much stronger position than it was in 2019, the last time U.S. President Donald Trump and Kim met to negotiate.

The United States should not renounce denuclearization, but policymakers must acknowledge that it is now a distant objective. Moving forward, Washington needs a new strategy that does not let the long-term goal of denuclearization get in the way of its more immediate national security needs. These include protecting the homeland, reducing the number of U.S. adversaries, minimizing the chances that North Korea would launch nuclear weapons first, and weakening the ties between Beijing, Moscow, and Pyongyang. Instead of making denuclearization a prerequisite for any negotiation, the United States should open conversations with Pyongyang on arms control agreements, limits on nuclear testing and missile production, crisis management mechanisms, and bans on the transfer of nuclear weapons or technology to others. It should also strengthen deterrence and defense with regional allies to gain their support for this new strategy. In other words, the United States needs a cold peace with North Korea—a relationship short of normalization but that prioritizes open dialogue to avoid miscalculation and escalation.

The world would be a safer place if North Korea shed its nuclear weapons. But getting it to give up its arsenal is simply not within reach any time soon, and proceeding as if it were would be detrimental to national security. Washington needs to reorient its strategy toward North Korea so that it can achieve more immediate gains, reduce tensions, and make the world safer now. The best strategy for avoiding a hot war with a nuclear North Korea is to preserve a cold peace.

NEVER GONNA GIVE YOU UP

An undeniable fact underpins North Korea’s successful pursuit of nuclear weapons. Three consecutive leaders—Kim Il Sung, Kim Jong Il, and now Kim Jong Un—were determined to build a nuclear arsenal at any cost. It was never North Korea’s intention to get rid of its nuclear weapons, regardless of the agreements it entered into that suggested it might. In 2006, when I was deputy head of the U.S. delegation at the six-party talks in Beijing aimed at denuclearization, one of my North Korean interlocutors told me bluntly: “We will never give up our nuclear weapons.” The United States had attacked Afghanistan and Iraq, he reasoned, because they didn’t have nuclear weapons. North Korea was not willing to tempt the same fate.

Kim Il Sung, the first leader of the modern North Korean state, recognized the awesome power of nuclear weapons in 1945, when, as a guerrilla fighter in the mountains of Manchuria, he witnessed how the atomic bombs the United States dropped on Hiroshima and Nagasaki ended Japan’s brutal colonization of the Korean Peninsula. Once in power, Kim signed a nuclear cooperation agreement with Soviet leader Nikita Khrushchev, in 1959, and pleaded with Chinese leader Mao Zedong for nuclear weapons after China successfully tested them in 1964. (Mao denied the request.) The next year, however, Kim began operating a small experimental research reactor supplied by the Soviet Union. According to declassified CIA satellite imagery, Kim then razed and excavated large plots of land—far more than what was needed for a simple research reactor—at what would eventually become the expansive Yongbyon complex, North Korea’s main nuclear site. Contrary to popular opinion, the country’s nuclear program did not start as an insurance policy after the end of the Cold War; Kim’s intentions were evident more than three decades earlier.

North Korea covertly built its nuclear program while repeatedly signing denuclearization agreements with the United States. Pyongyang’s unrelenting drive for weaponization lay at the heart of every nuclear crisis of the past three decades, regardless of which American president was in office or what tactics Washington pursued. In 1994, President Bill Clinton demanded that North Korea refrain from starting a campaign to harvest weapons-grade plutonium. When North Korea did so anyway, Clinton considered a military strike to take out the Yongbyon complex. But as the administration was contemplating its options, former president Jimmy Carter accepted Kim Il Sung’s invitation to visit North Korea; Carter and Kim established the outlines of a deal that became the Agreed Framework, signed later that year. North Korea froze the operating reactor and stopped construction on two additional reactors in return for heavy fuel oil (a byproduct of crude oil that North Korea could use for energy) and two light-water reactors (a more modern nuclear reactor whose fuel cannot easily be converted into weapons). Many observers attributed the collapse of this agreement, in 2002, to hawks in the George W. Bush administration who wanted to sabotage a Clinton-era success, but the real cause was Pyongyang’s secret purchase of materials to build an alternative uranium-based nuclear bomb.

The six-party talks hosted by China and attended by Japan, North Korea, Russia, South Korea, and the United States produced a second major denuclearization agreement, in 2005. The countries at the talks again promised to provide North Korea with heavy fuel oil and a light-water reactor, as well as diplomatic normalization, economic assistance, and regional security assurances, in exchange for Pyongyang’s freezing, disabling, and dismantling all of its nuclear programs. North Korea shut down parts of the Yongbyon nuclear reactor, destroyed the reactor’s cooling tower, and surrendered—for the first time—operating records and hardware samples that helped the intelligence community understand the program’s scope. The United States also partially lifted sanctions and removed North Korea from its list of state sponsors of terrorism. But this agreement failed, too—not because of Kim Jong Il’s sudden stroke in 2008 or the obstinacy of the George W. Bush administration, as some analysts believe, but because of North Korea’s unwillingness to fully declare its nuclear inventory, its support of Syria’s attempt to covertly construct a nuclear reactor, and its determination to conceal progress on its secret uranium enrichment program, which it publicly admitted to completing in 2009, after years of denial.

The Obama administration reached a new agreement on the last day of February 2012, which became known as “the Leap Day Deal.” Washington promised food, humanitarian support, and economic assistance to North Korea in exchange for a freeze on nuclear and missile testing. But just weeks later, North Korea launched a satellite despite U.S. warnings that disguising ballistic missile tests as civilian rockets violated the deal. The short-lived agreement fell apart in early 2013, when North Korea tested a miniaturized and more powerful nuclear device, resulting in nearly five years of isolating the regime with heavy U.S. and international sanctions on North Korean trade, businesses, political leaders, and financial transactions.

Trump’s first-term summit diplomacy with Kim Jong Un also faltered because of North Korea’s unrelenting pursuit of weaponization. Before the first meeting of the two leaders in Singapore, in June 2018, North Korea tested a hydrogen bomb and launched 17 ballistic missiles, including ICBMs designed to reach the United States. Although Kim committed to denuclearization in that meeting, he never followed through, and the two leaders were unable to strike a deal in two subsequent summits. From then through the end of the Biden administration, in 2024, Washington continued to impose bilateral and multilateral sanctions while Pyongyang conducted an unprecedented 107 missile launches. And in 2023, North Korea formally enshrined the possession of nuclear weapons in its constitution and announced a move to mass production of nuclear capabilities, which meant that it was ready to turn from developing and testing weapons to exponentially expanding its nuclear arsenal. Kim affirmed this direction in a speech to North Korea’s parliament in March 2026, when he declared that the government “will continue to consolidate our absolutely irreversible status as a nuclear power.”

PARADIGM LOST

To effectively deal with North Korea, the United States must scrap the old approach of a single-minded focus on denuclearization and an overreliance on sanctions. Although many policymakers have implicitly accepted this idea, none will propose it publicly because insiders in Washington, Seoul, and Tokyo see it as equivalent to surrender. But the United States should not let the perfect be the enemy of the good. Denuclearization is a noble goal, but past policy failures and North Korea’s dogged determination to obtain weapons have made it unattainable for now. Washington needs to shift the logic of its strategy from disarming North Korea’s nukes to achieving immediate goals that will make the United States more secure against those weapons.

Protecting the U.S. homeland is the most pressing priority. Over the last 30 years, North Korea’s ability to target the United States has evolved from remote possibility to real danger. The range of some North Korean ICBMs extends to the continental United States, according to a 2025 report by the Defense Department and several U.S. intelligence agencies. Pyongyang already has enough launchers and missiles to overwhelm U.S. defenses. As the nuclear expert Ankit Panda has pointed out, North Korea’s 15 to 20 transporter erector mobile launchers, each armed with one ICBM, could deplete the entire U.S. stockpile of 44 ground-based interceptors deployed in Alaska and California that are designed to destroy these missiles midcourse. (Up to four interceptors are needed to defend from each missile.) The Defense Intelligence Agency has estimated that North Korea’s nuclear-tipped ICBM arsenal could grow to 50 within the next decade; this means that the United States would need to have at least 200 interceptors to fully protect itself from a potential North Korean attack. Current plans to add next-generation interceptors will increase that number to only 64 by 2035. As North Korea equips its ICBMs with decoy warheads to evade missile defenses or with multiple miniaturized nuclear warheads to overwhelm the system, the odds that the United States will be able to shield itself grow even worse. Starting conversations with North Korea to set limits on further testing, deployment, or proliferation of ballistic missiles and production of nuclear materials is necessary now, even if denuclearization remains a long-term goal.

Washington also needs to reduce the number of adversaries it is dealing with. The United States faces a dizzying array of challenges from China, Russia, and Iran (and its proxies, including Hamas, Hezbollah, and the Houthis). U.S. defenses are stretched especially thin because of the war with Iran, and U.S. officials are moving some Patriot missiles, high-altitude antimissile systems, and drones stationed in South Korea to the Middle East to compensate. This puts a premium on what former Assistant Secretary of Defense Ely Ratner has described as “taking enemies off of the board.” Trump arguably tried to do this with North Korea during his first term by befriending Kim, but Washington’s singular focus on denuclearization precluded any serious discussion of test bans, arms control, or political relations. Restarting talks with the goal of establishing a cold peace will more immediately serve U.S. interests. Data collected by the Center for Strategic and International Studies (CSIS) shows that periods of U.S.–North Korean dialogue correlate with fewer missile launches, nuclear tests, and military provocations.

The increasing risk of nuclear first use across Asia also necessitates rethinking U.S. policy toward North Korea. Russian President Vladimir Putin has declared that he would use nuclear weapons first in any conflict, and China is embarking on a massive nuclear buildup that is likely to exceed 1,000 warheads by 2030. North Korea has also adopted a more offensive posture. Pyongyang announced in 2022 that it was willing to use nuclear weapons first in a conventional conflict; that it could use nuclear weapons based on warnings alone rather than in response to an adversary’s attack; and that it was preemptively delegating authority to launch nuclear weapons down the chain of command if a strike were to take out top leaders. North Korea increasingly believes that it may have to “use or lose” its nuclear weapons in a conflict with the United States or South Korea. Although North Korea doesn’t publicize its nuclear doctrine, a CSIS study of nuclear-related statements from the state news agency from 1998 to 2023 found a shift from a focus on defense (such as nuclear weapons to maintain deterrence) to offense (using them for tactical strikes during a war). The weakness of North Korea’s conventional military compared with the vastly more capable U.S. and South Korean forces only adds to Pyongyang’s incentives to rapidly escalate to nuclear conflict.

The United States has held off on establishing crisis management hotlines because it does not want to recognize North Korea’s possession of nuclear weapons. But the United States must develop direct communication channels to avoid accidental escalation that could trigger a nightmare scenario. Currently, the United States can communicate with North Korea only via phone in the demilitarized zone at the border between North and South Korea (a phone that the North Koreans rarely answer) or by sliding letters under the door of North Korea’s office at the United Nations headquarters in New York, most of which are returned unopened. (In 2025, the Trump administration attempted to hand deliver a letter to the office; North Korean diplomats refused to accept it.) These methods are inadequate for staving off potential nuclear war.

To lower the risk of escalation, the United States could reaffirm its pledge to not use nuclear weapons first, which it made at the six-party talks. It could also encourage South Korea to tone down elements of its aggressive deterrence strategy, such as Seoul’s “kill chain” plan to preemptively take out North Korean nuclear facilities or threaten leadership decapitation. Instead, Washington and its allies could focus on what is known as deterrence by denial: a set of strategies that includes setting up high-density missile defenses, regularly rotating U.S. nuclear weapons–capable fighter jets and submarines to the Korean Peninsula, and threatening precise and advanced conventional military responses to North Korean attacks. By signaling strong allied retaliatory capabilities while downplaying offensive threats that could trigger a “use or lose” mindset in Pyongyang, the United States and its allies could deter North Korea without provoking it.

It is also in Washington’s interest to weaken North Korea’s ties with China and Russia. The growing closeness between Moscow and Pyongyang is particularly worrisome. The defense agreement that Russia signed with North Korea in 2024 reinstituted Moscow’s Cold War–era security guarantee to Pyongyang, which was removed from their friendship treaty after South Korea and the Soviet Union normalized relations in 1990. Russia is suspected of transferring high-end weapons technology, particularly for ICBMs and for nuclear submarines, to North Korea, which could allow Pyongyang’s arsenals to survive a preemptive attack and be used to retaliate. Moscow has also been helping bolster Pyongyang’s conventional military, munitions and drone industries, and missile systems. Chinese leader Xi Jinping, too, has increased his support of Kim. Beijing has been, in the words of Sydney Seiler, a former U.S. national intelligence officer for North Korea, “aggressively unhelpful” with Washington on coordinating policy toward North Korea. And Xi gave the North Korean leader equal billing alongside Putin on the diplomatic stage at China’s Victory Day parade in September 2025.

The United States needs to find some way to compel Beijing, Moscow, and Pyongyang to invest less in their relationships with each other. Although Washington may not be able to fully break these alliances apart, it can create some friction between them. It could offer positive inducements to North Korea or Russia, such as lifting sanctions, or amplify disinformation to generate distrust among the three countries. Or counterintuitively, the United States could try to trigger traditional North Korean fears of being entrapped by great powers by designating the Pyongyang-Moscow alliance as an enemy of NATO and European Union countries because of its contribution to Putin’s war in Ukraine. Stigmatizing North Korea in this way might encourage it to reconsider its relationships, since Europe was its main cultural and economic gateway to the West before the 2022 invasion and Kim may want to revive connections to the continent in the future. Leaders in Pyongyang have shown that they deeply fear overdependence on great powers: in the late 1950s, for instance, North Korea’s excessive economic reliance on the Soviet Union pushed Kim Il Sung to embrace Mao as a hedge, and Kim Jong Un’s dire need for Beijing’s help to circumvent UN sanctions influenced his decision to meet with Trump in 2019. American policymakers could also suggest that South Korea reconsider its indirect supplies of military equipment and ammunition to Ukraine in exchange for Russia distancing itself from North Korean war support, but this would not resonate well in Kyiv and other European capitals.

YOU CAN’T ALWAYS GET WHAT YOU WANT

Managing the threats that North Korea presents and settling into a stable cold peace with Pyongyang requires coming to the negotiating table. But what the United States wants out of a negotiation is not the same as what North Korea wants. Given all the economic, political, and military support it receives from China and Russia, Pyongyang has far fewer incentives to concede anything to Washington than it did when Trump last met with Kim Jong Un, in 2019. Some of the traditional carrots that the United States could use to tempt compliance in the past have also lost their appeal. North Korea is no longer interested in exchanging liaison offices, which take on some of the basic functions of embassies. The regime previously wanted this exchange as a symbol of its legitimacy, but it now feels that such a move gives Washington too much access inside North Korea while providing little added value because it already has a UN office in New York.

What North Korea wants is reductions in U.S. troops on the Korean Peninsula, which Pyongyang rightly sees as the primary symbol of the alliance between Washington and Seoul. Although such a concession to North Korea would normally be a nonstarter for the two allies, the United States and South Korea are contemplating transformational changes to their security relationship that might naturally reduce the number of American troops there. The United States is encouraging South Korea to significantly increase its defense spending, take over control of wartime operations from Washington, and absorb more of the burden of peninsular defense. The United States wants to transition to a larger air and naval presence in the region while reducing its ground-based one; it also seeks to cooperate with South Korea on nuclear-powered submarines, space and intelligence surveillance, and artificial intelligence–driven warfare. U.S. media has reported the possibility that the United States may permanently remove a rotational brigade of 3,500 to 4,500 troops from South Korea. Although such changes should be seen as moves to strengthen the alliance, they can be aligned with negotiations with North Korea on other measures, including phased arms reductions, caps on the deployment of multiple rocket launchers, and no-fly zones for drones.

Any strategy to manage the North Korean threat must retain allied deterrence at its core. Governments in both Japan and South Korea are increasing defense spending to historic levels, improving joint military planning with the United States, operationalizing trilateral missile defenses, and working to bolster nuclear planning through channels such as the U.S.–South Korean Nuclear Consultative Group and the U.S.-Japanese Extended Deterrence Dialogue. But more can be done to deter North Korea from using its nuclear weapons first. American policy should declare clearly that any use of North Korean nuclear weapons would prompt the United States to destroy the regime immediately. To back this up, Japan, South Korea, and the United States should enact so-called next-phase missile defenses, which include seamless tracking between Japanese sea-based Aegis platforms and South Korean land-based THAAD systems; training to counter simultaneous attacks by ballistic missiles, low-altitude cruise missiles, and drone swarms; and joint production of more interceptors.

Ideally, all three allies would commit to a collective defense declaration so that an attack on any one of them would constitute an attack on all of them. Such an agreement would upset Pyongyang, but it will help shift dynamics toward a cold peace on the peninsula by signaling that any North Korean belligerence would be met with an exponentially larger response from the three allies. Such coordination would also help offset concerns from allies that a greater U.S. focus on its own expedient needs, such as reducing long-range missiles, would be interpreted as decreased concern about North Korea’s short-range missiles and artillery or a weakening U.S. security commitment that could threaten U.S. allies and partners in the Indo-Pacific. If allies feel abandoned and do not trust the U.S. security commitment, that could trigger a regional arms race and result in new nuclear dominoes falling.

THE LEAST BAD CHOICE

This new strategy is likely to prompt objections on the grounds that it de facto accepts North Korea’s status as a nuclear state. Critics will charge that after decades of insisting on denuclearization up front, the United States would be making major concessions without meaningful reciprocation from Pyongyang.

These critics might propose to threaten military action instead. The United States could demand that North Korea denuclearize or else face the same fate that Iran has—first in Operation Midnight Hammer, in June 2025, when the U.S. military dropped bunker-buster bombs to try to destroy Iran’s nuclear facilities, and then in this year’s U.S.-Israeli war on the Islamic Republic, which killed Iran’s Supreme Leader Ali Khamenei and many other top political leaders.

But North Korea is not Iran: it is a proven nuclear weapons state that could retaliate against the United States and its allies. North Korea’s nuclear programs and delivery systems are also far larger than those in Iran and more dispersed across undisclosed locations that are hard to target. These factors minimize the likelihood that a preventive strike would succeed. In 1994, when Clinton considered a military strike, the United States might have been able to destroy Pyongyang’s fledgling program with minimal consequences. But today, North Korea’s nuclear arsenal is far too large to eliminate without risking devastation. And targeting weapons facilities near the border with China could lead to wider escalation with Beijing.

Even the slightest sign of U.S. military action could trigger a dangerous escalation. There is no guarantee that the threat of being obliterated by the United States would deter Kim from acting. Koreans have a famous phrase—“If I die, you die, we all die”—that permeates their films, novels, and history. No American president in good conscience could put the odds of avoiding escalation at better than 50 percent, which are poor odds for a nuclear war that could destroy U.S. cities and kill hundreds of thousands of Americans.

Critics may also call for ramping up economic and financial sanctions on North Korea. Targeting its trade, cryptocurrency, and financial flows could cause significant pain to political and military leaders, compel them to the negotiating table to seek relief, or even create enough chaos to accelerate the regime’s collapse. Although sanctions can be one tool that the United States uses, their effectiveness has decreased. China and Russia, which previously backed the UN sanctions regime against North Korea, are now undercutting it. Russia has used its veto to strike down the UN Security Council resolution authorizing the council’s sanctions enforcement body, and Chinese bilateral trade with North Korea is at historic highs: it grew by 25 percent from 2024 to 2025. Although North Korea and Russia have not been regularly reporting bilateral trade figures since the start of the Ukraine war, commercial satellite imagery shows that port, land, and railway crossings with North Korea are teeming with new trade and construction activity. North Korea has also shown that it can function even when cut off from the world. It closed the border with China, its top trading partner, for over three years during the COVID-19 pandemic lockdown, which further belies the argument that sanctions will force Pyongyang into submission.

Negotiators are fond of saying that when it comes to North Korea’s nuclear portfolio, there are only lousy options. If North Korea were not already loaded with nuclear weapons, there might be better choices available. What the United States faces in reality, however, is the need for an interim solution to protect U.S. homeland security and prevent nuclear escalation in the Indo-Pacific. A cold peace is hardly an ideal solution, but it could bring much-needed stability to an increasingly dangerous relationship.

u/Ok-Huckleberry5836 — 23 days ago

Hello, I am wondering what the state of the field is for Joseon history. I was wondering if anyone had taken a graduate level course in Korea regarding Joseon history and what kind of textbooks they had used in the courses. What kind of problems do Joseon historians face? What kind of topics or themes that are being explored right now? Are there any books that you would recommend for Joseon history?

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u/Ok-Huckleberry5836 — 26 days ago
▲ 4 r/korea

I'm curious as to what the state of the field is. Are there any books recently that showcase recent scholarship? What are some of the problems that historians right now face? What books would you recommend?

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u/Ok-Huckleberry5836 — 26 days ago