This paper argues that the Korean people did not support the U.S.-sponsored division of their country or the establishment of a capitalist political economy in the South. Moreover, because of the nature of the South Korean model of development, the widely celebrated economic growth has not secured either economic stability or political legitimacy for the regime. The paper concludes that progressive forces, with roots in Korean history, are now providing leadership to new movements which seek to create a radically new and progressive political economy in the South and to reunify the country.
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