Nowadays, North Korea and its tiny economy are juxtaposed with the prosperous South Korea, which has an economy 70 times larger. But in the past, things were different - it was the North that had economic, technological, and military superiority over the South. From a "model socialist state" to one of the poorest countries in the world.
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00:00 Introduction
02:10 The division of Korea into two states
02:54 Movement towards communism
03:59 Juche ideology
05:42 Development of heavy industry
06:37 Lack of statistics and shortages
07:03 Cholimma
07:53 Militarization and debt
08:57 Repression and stagnation
10:16 Collapse of the USSR, China turns away
11:55 Search for help
12:43 The biggest famine
13:49 Illegal economy
16:02 Selling weapons to dictators
17:04 Export of slaves
19:06 GDP OF THE DPRK
20:45 Statistics in the DPRK
22:24 Real yield of the DPRK
23:27 Manipulations in industry
24:17 Socialism and the economy
25:02 Corruption
25:52 Freedom of speech
27:14 Democracy and economic freedom
27:48 A militarized country
30:12 DPRK supports Russia in the war against Ukraine
31:27 Communism does not allow to reform the country
#economy #korea #history