I A STD 33 Lecture Notes - Lecture 8: Primitive Communism, Zaibatsu, KeiretsuPremium
4 pages110 viewsWinter 2019
DepartmentInternational and Area Studies
Course CodeI A STD 33
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What is communism?
● Economic term about who owns the modes of production
● Everyone works (happily)
● Everyone gets (just) what they need
● No money
● No government
● In short, utopia?
How do we achieve this communist utopia?
● Karl Marx (1848)
Marxist historical materialism
● Primitive communism
● Slave society
● Socialist Revolution
● As vaccine or antidote to communism?
● Cold War capitalism vs communism
● Pro-US vs anti-imperial?
● 1917 Bolshevik Revolution(october) in the aftermath of the February Revolution in 1917
that topped Tsarist Russia
● What drives revolution? (top down or bottom up)
Economies country by country
○ Government led industrialization from the late 19th century
○ Rise of private companies but with significant government role
○ Government investments in companies, tight control over banking system
○ Pacific War and war industry
○ Zaibatsu (conglomerates) -> keiretsu
○ Small and medium sized businesses
○ Government controls banks-> banks-> industries
● South Korea
○ Some industrial development prior to 1910
○ Industrialization targeted Japanese Imperialism 1910-1945
○ From import substitution after Korean War to export oriented
○ Role of foreign aid
■ Military spending in south korea
■ 1965 ROK-Japan Normalization Treaty
■ 1966 Brown Memorandum (Vietnam War)
○ Cold war and US backing of capitalism against communism
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