The Personalist Ethic and the Market in Korea
- 1 January 1991
- journal article
- the cultural-component-of-economic-change
- Published by Cambridge University Press (CUP) in Comparative Studies in Society and History
- Vol. 33 (1) , 106-129
- https://doi.org/10.1017/s0010417500016881
Abstract
The pattern of development that emerged in the early stage of industrialization in South Korea, according to the British sociologist Ronald Dore, is closer to the classical (nineteenth-century) small-scale, individualistic entrepreneurial type than the large-scale bureaucratic type that characterizes development in many other countries embarking upon modernization programs in recent years (Dore 1980:292). This arguably stems from the fact that economic growth accompanied by development of a market (in the broader sense of that term) that created opportunities for individual choices and initiatives.Keywords
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