Abstract
Until very recently, debate has been ongoing as to whether integration between capitalism and Confucianism can be achieved. We now have a clear answer to this question. Numerous examples—the economic prosperity of Japan, followed by the remarkable economic development in Korea, Taiwan, Singapore, and Hong Kong, and the more recent economic booms in China and Vietnam—show that Confucianism can be incorporated into capitalism. The two philosophies have found a fruitful common ground even as scholars continued to wrestle with this matter.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Editor information
Copyright information
© 2013 Seok-Choon Lew
About this chapter
Cite this chapter
Lew, SC. (2013). Confucian Capitalism of Park Chung Hee: Possibilities and Limits. In: Lew, SC. (eds) The Korean Economic Developmental Path. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137347299_5
Download citation
DOI: https://doi.org/10.1057/9781137347299_5
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-47168-3
Online ISBN: 978-1-137-34729-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)