3 Articles
South Korea is challenging itself to a 0% construction start rate to achieve a 0% industrial accident rate. We diagnose the paralysis of construction sites and the supply cliff caused by punishment-centered regulations like the Serious Accidents Punishment Act, and the economic repercussions this will entail.
We dissect the reality of the anger surrounding the Coupang data breach, where 33.7 million personal records were leaked. Will the 'public shaming' style criticism toward Coupang lead to system improvement, or will it end as just another political show? We seek fundamental solutions through the 17-year history of repeated data leaks.
Gwangju's population has fallen below 1.4 million for the first time in 21 years. The result of 10 years of blocking large complex shopping malls under the pretext of 'protecting traditional markets' is disastrous. Gwangju's failure foreshadows a grim future for all of South Korea trapped in regulations and vested interest cartels.