Quote:
Originally Posted by dc_denizen
Perhaps you should point out a flaw in my reasoning instead of resorting to ad hominem attacks
|
Here's the flaw in your "reasoning":
Your understanding of national economies is based on anecdotal observation of things that you deem to be important, but probably aren't in the grander scheme of things, or are based on exaggerated assumptions. In this case, your knowledge of the Korean economy is based on your observation of consumer-facing goods in product areas that you are aware of, like Hyundai cars and Samsung phones.
Not only do these multinationals employ only a fraction of the Korean workforce, but it's possible that much of the "sexy" work (R&D, product development, etc.) may not actually take place in Korea. Samsung has an innovation center in San Jose, and I'm pretty sure those people don't just do back office work for the US operations. Whatever spoils these companies bring back to Korea certainly don't trickle down to the average Korean (cf: the families in the movie "Parasite").
The Canadian and Australian economies may have just as many "technically-rigorous" export industries, but they are involved in making or managing things you'll never see as a consumer, or are involved in things like professional and financial services.