In this episode, we detail how Korea’s chaebols wield outsized power in this democracy, often to the point of outright corruption, monopolistic practices and labor violations. These include all the biggest names in Korean business like Samsung, Hyundai and SK Group. To outsiders, South Korea is a glitzy place, a modern Asian superpower, especially in the world of arts and culture. But domestically, it is home to a deep class divide. It’s the universal story of the have and the have-nots but in a place small enough that the impact of concentrating so much wealth and power in the hands of so few seem so much more obvious than in the US. Open Secrets is a documentary series that looks at just this – secrets lived out in the open, things everyone knows about, but no one will talk about - until that moment when it becomes fully exposed to the world. Each episode visits a different country, looking at a single secret and exploring why the issue remained a secret for years despite existing out in the open. What has allowed these secrets to fester in the open for so long? For some, the reason is a risk, that blowing the whistle can be deadly. For others, it’s a privilege, that they benefited from the secret staying such for too long. This series is about the insurmountable control those in the corridors of power have in societies — till someone decides to risk it all to take them head-on.Click here to SUBSCRIBE to VICE Asia: 🤍bit.ly/2LhqAR9 Connect with VICE Asia: Check out our full video catalog: 🤍bit.ly/2P3Y0pv Videos, daily editorial and more: 🤍vice.com/en_asia More videos from the VICE network: 🤍fb.com/viceasia/videos/ Like VICE Asia on Facebook: 🤍fb.com/viceasia Follow VICE Asia on Twitter: 🤍twitter.com/viceasia Follow us on Instagram: 🤍🤍instagram.com/viceasia/
In my country we call this organized crime with corruption as its twin sibling.
It is not just the political class, the police, the judiciary, the military, the media and health ministeries that are owned and controlled by the 1% chaebols but also kdrama. Pushing out constant propaganda and making CEO's/chaebols the hero's. The huge gap in democracy, rights, wealth inequality, long exploitative working hours, poor housing and an education symptom based on competing to work for these conglomerates is an caste system where the ruling families maintain their power and wealth. This system is perpetuated by the US using its bases, military and economic power to prop up undemocratic countries for their own geo-political power. We need a worker's uprising!
Not to be that person but this vid reminded me of a few k dramas where they tried to show the reality behind the fancy colourful image of Korea. (city hunter, hush and big mouth)
I know a person who went to Korea for work. He worked in pohang steel factory(?). He injured his leg and was amputated. But he wasn't given leave or compensation and even threatened to fire him if he went back home until he recovered. There was no way he could continue to work in that state whether it is in Korea or in his homeland. His poor family lost the sole money maker like that.
Boycott south Korea
Time is running out for these so called untouchable people...even all of their money will not save them in the great day of judgement
The powerful are always the same.
Only the costumes change.
Every country has this chaebol kind of thing at some level of their society. If we didn't have them in Korea then we wouldn't get some of the juicy Kdramas Korea dishes out 🤓
South Korea has always had a tradition of popular resistance to the abuses of economic and political elites, something not well known to many outsiders (in the West and elsewhere) either infatuated/repulsed by the global popularity of 'K-Pop.' For those genuinely interested in Korea, I'd recommend reading into the history of Korean social movements, where there are many exemplary instances of the true Korean 'personality' rooted in justice, freedom, and solidarity that is so often veiled by the fascination with K-Pop and K-dramas.
No wonder I prefer Apple compare lousy samsung
i am here cause of reborn rich
Chaebols are a good thing.
its not just big companies even the small ones do this kind of thing they make the unaware new employees to do the dangerous jobs
I watched this after watching k-drama Golden Spoon...
Every country has their own "chaebols" but whats unique to South Korea's case is that SAMSUNG literally rule their country. No other country government will allow a corporation to dictate how their country is run but considering SAMSUNG feeds 20% of their country's economy makes them untouchable. And as you can see, this documentary proves that people of power controls their media too. If you are observant of South Korea, you will see that when someone in power gets in to a scandal, their media/journalists will write about celebrity scandal and release articles about it almost everyday. Its a vicious cycle that is so obvious not to notice. This is how they control their people, thru fake celebrity gossips. SAMSUNG makes up 20% of their SoKor's economy? that basically makes them the ruler.
I'm start thinking of drama like The Eve, Bad Prosecutor, Big Mouse, and Uncontrollably Fond . About people who have power can take control of anything.
woah so that's why there are many dramas like vincenzo, big mouse and remember: war of son. YO WTF
This whole situation is heartbreaking. At least a "solution" was made.
Indian culture type shit no cap btw rip to this lady😥