Monday, January 16, 2017

Week 1 & 2 Blogs - Angela Oh


WEEK 1: 
A start up is a group of people devoted to making monumental change. They introduce new ideas that introduce positive change into a society. Start ups are not only associated with a new, innovative concept, but also with rapid growth. South Korea can be considered as a start up, in how it introduced a completely new concept that held lasting effects throughout the country. The development of South Korea's K-Pop culture and industry is not a random coincidence; rather, the government of South Korea was highly focused on this effort and contributed many resources to supporting this new industry's success and thorough permeation. Additionally, the people of South Korea also contributed to its success by supporting it and immersing it into their culture and norms. In order for a start up to be successful, there must be planning, funding, and support. The "start up" of Korea found itself successful due to its acquisition of these three elements. 

The success and globalization of K-Pop is impressive, especially when compared to the lagging development/modernization of the state just a few decades prior. Technological advancements and their popularity throughout the world, such as the Internet and undersea fibre optic cables, have allowed for countries to re-brand themselves at a faster, more effective rate. What is an example of another "start up" country that has seen a successful re-brand largely due to the Internet/technology?


WEEK 2: 
When thinking about re-branding a nation, I prefer capitalism as a government system. In theory, the capitalist system supports a free market and free trade. This open economy allows room for competition among suppliers in both price and quality. Competition is beneficial, as it provides the motivation and incentive for people to improve their products and services. South Korea, for example, has an extremely lucrative plastic surgery industry. Plastic surgery has become a nearly ubiquitous cultural norm in South Korea, and the demand for procedures is high. In a capitalist society, plastic surgery clinics compete amongst each other for capital and consumer support. In order to be advantageous, their best strategy is to improve their services or lower costs. In doing so, this process allows for more successful surgery results, which bolsters the plastic surgery industry's standing and acceptance into Korean society. 

Under a socialist economy, South Korea may still be able to have a successful plastic surgery industry. This would be possible if the government provided services that provided beneficial results or ensured that the state-owned surgeons received the proper training and gained significant experience. What is an example of a country that has successfully re-branded itself under a completely socialist government system? 


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