World

Why Capitalism Won’t Change North Korea’s Regime

To an outside observer, the behavior of the North Korean leadership often appears short-sighted and irrational. There seems to be a tested and easy way out of their predicament -- the path of Chinese-style economic reforms. While such gradual capitalist reforms might be good for the country, however, they would be far too dangerous for the current North Korean elite. As a consequence, they’re unlikely to be implemented anytime soon.

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