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Editorial
Inequality for Whom?
ESTABLISHED1954
Publishedmonthlyexcepttheschoolholidaysbyand
for students of Hankuk University of Foreign
T
here are various types of social inequalities. We can find them with
Studies, TheArgus, the oldest campus English
class,race,gender,andsoon.Especiallythesedays,manypeoplefeel
newspaperinKorea,pursuesthehigheststandardof
theinequalityofcapital.
campusjournalismandacademism.
In June, the Korean National Statistical Office revealed that 65.6 percent of
peoplearemiddle-classbasedoneconomicindicatorsannouncedbytheOECD.
However,inreality,mostofthesepeopledidnotbelievethattheyweremiddle-
PresidentandPublisher
Dr.KimIn-chul
¡Ü
class.AccordingtoasurveyresultobtainedfromMBC,abroadcastingstation,
ExecutiveEditor
Prof.KimIn-chon
only 36.9 percent of people answered that they belong to the middle-class.
¡Ü
Watchingthedifferencebetweentheidealandthereal,theybegantorecognize
Editor-in-Chief
KimMin-jeong(H-3)
¡Ü
theinequalityofcapitalandrealizethepowerofmoney.
EditorialConsultants
ChaEon-jo(EIT2-4)
¡Ü
Whenpriceswentupandwagesbecamestagnant,themiddle-classtriedhard
tomaintaintheirlives.Womeninthisclasswentouttoworkandbothmenand
JoHe-rim(ELG-4)
womenlengthenedtheirworkinghours.Intheend,theystartedtogetintodebt.
AssociateEditor
ParkJi-yeon(DIS-3)
¡Ü
Althoughtheydideverythingtheycould,theirliveswerestillpoor.
Recognition of capital inequality is based on becoming aware of the
JuniorReporters
LeeYu-jin(SS-1)
¡Ü
inequalitiesineducationandinformation.Themorepeoplearerich,thebetter
CopyReaders
Prof.BrandonWalcutt
qualityofeducationtheycanreceiveand,inaddition,themoreaccesstolarger
¡Ü
amountsofinformation.
Prof.MerrileeBrinegar
Deciding that life is meaningless without money, many people chose not to
Prof.MichaelHeinz
easily provide their labor. They decided to become NEETs which means ¡®Not
in Education, Employment or Training.¡¯ Furthermore, they rejected to have
babies. That is, market revitalization through production and consumption did
notoccurandthemiddle-classstartedtodisappear.
65.6 percent of manpower has become lethargic. The tax burden has greatly
increased and consumer goods like snack foods and cigarettes are becoming
more expensive. It seems that society has widened the gap between people¡¯s
economicclasses.
107,Imun-ro,Dongdaemun-gu,Seoul,Korea
(PostalCode130-791)
Wecannotsolvecapitalinequalityonlyfromanindividual¡¯seffortsanymore,
Tel:(02)2173-2508 Fax:2173-2509
butalsorequirethegovernment¡¯sassistanceforeconomicredistribution.Also,
81,Oedae-ro,Mohyeon-myon,Cheoin-guYongin,Gyeonggi
Ihopepeopledonottofeelendlessfrustration.Clearly,therehavebeensimilar
Province,Korea
cases in the past and the future has changed for the better by waking people¡¯s
(PostalCode449-791) Tel:(031)330-4113
minds.WecanalsojointhemandIbelievethatwewill.
PrintedbyKYEONGBOMEDIA
Tel:070-7719-6245 Fax:2269-6246
ByKimMin-jeong
Editor-in-Chief

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