The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    INTERVIEWKorean adoptee in Germany reunites with birth family after 42 years

  • 3

    Korea to start mass production of KF-21 in 2024

  • 5

    Yoo Yeon-seok threatens to sue people spreading accusations about him

  • 7

    Zoo shares sad story of what caused Sero the zebra to escape

  • 9

    Retailers rush to adopt Apple Pay system

  • 11

    INTERVIEWExpert pitches Laotian rural reform to solve NK's chronic food shortages

  • 13

    INTERVIEWForbes-listed entrepreneur pursues partnerships with Samsung, LG, SK to help Ukraine

  • 15

    Indonesian students advise Korean bank on entering Indonesian market

  • 17

    Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

  • 19

    Kim Nam-gil to embark on Asia fan-meeting tour

  • 2

    Zebra captured after escaping from Seoul zoo

  • 4

    Will exempting foreign nannies from minimum wage boost Korea's birth rate?

  • 6

    Sandstorm from China forecast to push up fine dust levels in Korea

  • 8

    Daughter of North Korean dictator seen wearing $1,900 Dior jacket

  • 10

    Will Apple Pay launch boost local iPhone sales?

  • 12

    INTERVIEW'Welcome to world of art therapy'

  • 14

    Lee Som, Ahn Jae-hong to play married couple in Tving's new series

  • 16

    US Fed lifts key interest rate amid banking sector fears

  • 18

    Long viewed as an outsider, conceptual artist grabs global spotlight in his twilight years

  • 20

    Ambassadors, dignitaries gather at Korea Times' concert to promote Busan's World Expo bid

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Opinion
  • Yun Byung-se
  • Kim Won-soo
  • Ahn Ho-young
  • Kim Sang-woo
  • Lee Kyung-hwa
  • Mitch Shin
  • Peter S. Kim
  • Daniel Shin
  • Jeon Su-mi
  • Jang Daul
  • Song Kyung-jin
  • Park Jung-won
  • Cho Hee-kyoung
  • Park Chong-hoon
  • Kim Sung-woo
  • Donald Kirk
  • John Burton
  • Robert D. Atkinson
  • Mark Peterson
  • Eugene Lee
  • Rushan Ziatdinov
  • Lee Jong-eun
  • Chyung Eun-ju and Joel Cho
  • Bernhard J. Seliger
  • Imran Khalid
  • Troy Stangarone
  • Jason Lim
  • Casey Lartigue, Jr.
  • Bernard Rowan
  • Steven L. Shields
  • Deauwand Myers
  • John J. Metzler
  • Andrew Hammond
  • Sandip Kumar Mishra
Sat, March 25, 2023 | 00:17
Bernhard J. Seliger
'Money Heist' will never become reality
Posted : 2022-07-28 16:59
Updated : 2022-07-28 16:59
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
By Bernhard J. Seliger

These days, hundred thousands of Koreans follow each week the new suspenseful drama "Money Heist: Join Economic Area," a remake of an extremely successful Spanish drama, "Le casa de papel," in which a group of brilliant thugs rob a mint. Pretending to rob a bank, indeed they print their own money.

In the Korean version, the mint is located in the middle of the "Joint Economic Area," formerly the Joint Security Area or Panmunjeom. According to the Korean remake, both Koreas decided on a confederation type unification scheme, with joint economic activities and joint money.

And the mint, run jointly by a South Korean director and his second from the North, is at the center of it. That allows for a lot of observations on the future potential interaction of North and South Korea, with a surprisingly negative view on the behavior of South Koreans, who are represented as arrogant and ignorant of North Korea at the same time.

And, naturally, this kind of drama does not work without a dose of sex, represented by the beautiful North Korean defector, who plays a center role in the scheme of the money heist. Fiction does not have to follow reality; indeed it would be dull, if it only followed reality. And "Money Heist" is good fiction.

But unfortunately, reality long discarded with the one basic assumption of "Money Heist": Namely, that South Korean wealth has a kind of magic attraction not to the ordinary North Korean citizens, but rather to its elite, and that this money ― if only offered in sufficient quantity and with the sufficiently generous mind ― can change North Korean politics.

This belief, which ran strong into the last government under President Moon Jae-in, has been the basis for a number of miscalculations regarding North Korea's nuclear program, and indeed the very nature of its regime. In the early 2000s, when North Korea embarked for the second time, and this time in earnest, on its clandestine, and later open pursuit of nuclear weapons, it was the prevailing wisdom of analysts that this was in reality an outcry for more material aid.

A poster of Spanish Netflix original drama, "Money Heist" (Le casa de papel), left, and the Korean remake, "Money Heist: Joint Economic Area" / Courtesy of Netflix

The 1990s seemed to have shown that a promise for shared wealth (that time, the light water reactors and energy aid promised by the U.S. for a freeze of the nuclear program) could trade away the nuclear threat.

But the 1990s were a time of extreme economic distress, of a crumbling leadership and a dying leader. Already Kim Jong-il, though maybe more willing to consider such a trade-off, did stubbornly follow the path to nuclear armament. And it became much stronger under the current leader, Kim Jong-un.

Indeed, now a "Joint Economic Area" seems to be only thinkable as a generous concession by North Korea to the South, not the other way round, as a concession of the South for the North to give up its military ambitions.

Even the strong economic burden put on North Korea through the various sanctions on its nuclear program, of which only the 2016/2017 sanctions really bite, those preventing North Korea from most exports, including those of labor, did not generally make North Korea willing to concede anything of its nuclear program.

The same is true for the disastrous effect of the self-isolation due to COVID-19. It hurt the North Korean economy, but this did not at all change the mind of its leadership. And, even more distressing, the line of thinking mostly having substituted that of trade-offs of nuclear armament against economic aid, also slowly crumbles, namely the idea that North Korea's arms are purely defensive, essentially the capacity to withstand an invasion by the U.S. and/or South Korea.

The newest rounds of arms development, looking into tactical nuclear weapons plus different ways to deliver them, clearly shows a different kind of thinking of employment of these weapons: as offensive weapons, or weapons able to exert pressure on the South, i.e. for blackmailing the South.

Ironically, the very reason economic inducements can do so few in unification policy is that they do work for ordinary North Koreans. The main, and justified, fear of the North Korean leadership is that money (i.e. a market economy) corrupts the citizens and turns them away from the worship of state, party and leadership. Indeed, it would.

The keen observation on what happened in Central and Eastern Europe gave ample examples for that. For the citizens, huge potential gains in living standards and freedoms both are irresistible. The only way to prevent them for expressing their preferences for these is to isolate them as much as possible from contact with these evils (from the point of view of the rulers).

This leaves those thinking of a "Joint Economic Area" with several unpleasant truths: First, the interest of North Korea in economic cooperation with the South is extremely limited, and currently even non-existing. This is true even if this economic cooperation does not have a prerequisite of North Korean concession in the military field.

The reason is simply that the corruption of souls by experiencing a functioning market system is too great to be tolerated. Second, even reaching out the hand for aid without preconditions, like for the weakest members of North Korean society suffering from malnourishment and hunger, is not likely accepted.

Because this would even more cement the view of the economic superiority of the South Korean economy. While the intent of the new government (and also the former ones) to give non-concessionary aid, is good, the actual implementation is unlikely.
The only way any progress can be imagined is though indirect communication, for example in international or multilateral settings.

One of the consistent policy goals of North Korea throughout its existence was the desire to be recognized as a "normal" state, not a pariah state it is in most international relations. Granting this recognition in certain areas, say in multilateral frameworks on environmental policy, will at least allow partial interaction. It might even lead to larger scale humanitarian aid in an international framework.

Even better would be programs to allow North Korean students and mid-level functionaries travel and learn abroad. Such a strategy does not make South Korean military preparedness and armament unnecessary. But it would give hope for a gradual, and maybe accelerating change, more than dreams of a Joint Economic Area.


Dr. Bernhard J. Seliger is resident representative of Hanns Seidel Foundation (HSF) in Korea, based in Seoul. Before the COVID-19 outbreak, he frequently traveled to North Korea, where he implemented projects on forestry, environment and renewable energy as well as medical cooperation. He is honorary citizen of Seoul and Gangwon Province.


 
Top 10 Stories
1Zoo shares sad story of what caused Sero the zebra to escapeZoo shares sad story of what caused Sero the zebra to escape
2Burnout: Cardiothoracic surgery residents work 102 hours a week Burnout: Cardiothoracic surgery residents work 102 hours a week
3More companies adopt electronic voting amid increase in shareholder activism More companies adopt electronic voting amid increase in shareholder activism
4Second daughter of Daesang chairman promoted to vice president Second daughter of Daesang chairman promoted to vice president
5North Korea will pay price for reckless provocations, warns Yoon North Korea will pay price for reckless provocations, warns Yoon
6Churches, Seoul gov't unite to fight low birthrate Churches, Seoul gov't unite to fight low birthrate
7What's next for Do Kwon? What's next for Do Kwon?
8FTC criticized for delaying approval for Hanwha's acquisition of DSME FTC criticized for delaying approval for Hanwha's acquisition of DSME
9Genesis launches 2023 G90 sedan Genesis launches 2023 G90 sedan
10Over 70% of firms unwilling to embrace longer workweek Over 70% of firms unwilling to embrace longer workweek
Top 5 Entertainment News
1Yoo Yeon-seok threatens to sue people spreading accusations about him Yoo Yeon-seok threatens to sue people spreading accusations about him
2Lee Som, Ahn Jae-hong to play married couple in Tving's new series Lee Som, Ahn Jae-hong to play married couple in Tving's new series
3Long viewed as an outsider, conceptual artist grabs global spotlight in his twilight years Long viewed as an outsider, conceptual artist grabs global spotlight in his twilight years
4Kim Nam-gil to embark on Asia fan-meeting tour Kim Nam-gil to embark on Asia fan-meeting tour
5Kim Min-gyu, Go Bo-gyeol bid farewell to 'The Heavenly Idol' Kim Min-gyu, Go Bo-gyeol bid farewell to 'The Heavenly Idol'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group