Interesting. Heard of this before. Good example of Karatani’s notion that modern-day nations are actually marketplace-state-nations. The marketplace economy of South Korea was bad, so the nation asked the state to fix the marketplace for the better. The state came in, and shored up the economy in the long term by investing in the arts.
This brand of art obviously does not threaten the state in anyway, it’s main goal is to promote Korean nationalism, thus fixing the economy of South Korea.
Thus, we can add k-pop to the list of state strategies for managing the economy
Trade is a game, and nothing can be won from beggars. If one won everything from everybody all the time, it would be necessary to give back the greater part of the profit voluntarily, in order to begin the game again.
Isaac de Pinto - Traité de la Circulation et du Crédit, Amsterdam, 1771. p. 231, quoted (disparagingly) in Marx - Capital, ch. 4, fn. 4
I needed a gift To present to myself But I didn’t know what To give I approached A man in a suit I asked him for Suggestions and a pen He looked thoughtful For an eternity And moments Later expounded Granulated eyelids I thanked him for his Time and thought He opened an umbrella And flew away
I walked along I saw a woman In a gingham dress Posed I the same query She busted out laughing Asked me if I were serious I made no attempt To answer Shook my head sullenly She stepped back Examining me from Head to toe Granulated eyelids She suggested The woman turned And disappeared down Her rabbit hole
Armed with knowledge I sauntered into My local merchantile The shop keeper gazed at me Breathed in heavily Wiped pseudo sweat From his furrowed brow May I help you I explained I had come To his shop To purchase a gift For me With suggestions firmly Entrenched in my Cerebral cortex My mouth fashioned the Words I was not Expecting Stated I in clearest tone Nothing Then replied the Shopkeeper You shall have it And plenty of it
He handed me An empty bag I brought it home I placed it on the table And enjoyed its presence Having never owned Or borrowed A recepticle as this I was astounded at Its resilience I ended up begining to Store my thoughts And dreams in it I emptied my head Into the bag each day The very best of gifts My mind congratulated Itself with gusto
Until the darkest day The bag caught fire As I emptied most of My anger into it Glowing orange embers Was all that was left I became sad Never had I depended So much on such A useful tool But now it was gone I sat upon my stoop Gazed into traffic And thought Perhaps I should have Bought a box of Granulated eyelids