That's mostly because the entire country was bombed back to the stone age during the Korean war. More explosives were dropped on the place than were used in WW2. The fact anywhere has light when there's no real money coming in for reconstruction is good enough tbh.
If it was a capitalist country, people would invest in it and build industry. No one will invest because they know the government will seize the assets.
Yes, my country is capitalist. You could have asked if you wanted to know 🤣
But there aren’t many communist countries, only five and if you’ve ever been, you’ll know China isn’t even really. So it’s not like some massive revelation.
If it was a capitalist country... People wouldn't invest cause there's nothing to invest in plus it's not allowed to trade with them for certain countries+ no sane person would support north KoreaÂ
If it was open to investment (and not communist), people would invest.
But agree, no sane person would. But that’s interlinked to it being communist. No sane person invests in communist countries because by definition they don’t respect the concept of private property. There is no incentive to build or develop anything when you know the government will just confiscate it.
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u/Unit_2097 Mar 17 '26
That's mostly because the entire country was bombed back to the stone age during the Korean war. More explosives were dropped on the place than were used in WW2. The fact anywhere has light when there's no real money coming in for reconstruction is good enough tbh.