Kim Jong Un turns to Adolf Hitler’s Mein Kampf for Advice for North Korea’s Economic Ills

Posted by PITHOCRATES - June 22nd, 2013

Week in Review

President Bill Clinton entered into an agreement to help them build two nuclear reactors to produce electric power if the North Koreans agreed to give up their nuclear weapons program.   But they went ahead and built nuclear weapons anywhere.  President Clinton also gave them some satellite knowledge.  Navigational black boxes.  Allowing them to launch a satellite into space.  Which upon launching crashed in the ocean.   Which the North Koreans salvaged.  And got the navigational black box.  Giving them not only nuclear weapons but the knowledge to create an ICBM to deliver that nuclear weapon.  And ever since they’ve threatened us with nuclear belligerency to get what they want.  They agree to stand down on their nuclear weapon program in exchange for food or energy aid.  And when that aid runs out they threaten us with nuclear belligerency again.

President George W. Bush included North Korea in the Axis of Evil.  And was not as friendly to Kim Jong Il as his predecessor was.  But Kim Jong Il is dead now.  And his son Kim Jong Un has taken over.  So how much better did things get with the new Kim?  Not much.  In fact, they may have gotten worse (see Report: Kim Jong Un handing out copies of ‘Mein Kampf’ to senior North Korean officials by Max Fisher posted 6/17/2013 on The Washington Post).

Senior North Korean officials received copies of “Mein Kampf,” Adolf Hitler’s rambling prison memoir, as gifts for Kim Jong Un’s birthday this January, according to a report by New Focus International, a North Korean news organization that sources from defectors and volunteer citizens within the country…

The book was apparently not distributed to endorse Nazism so much as to draw attention to Germany’s economic and military reconstruction after World War One…

“Kim Jong Un gave a lecture to high-ranking officials, stressing that we must pursue the policy of Byungjin in terms of nuclear and economic development,” New Focus’s North Korean source told them by phone. “Byungjin” translates literally to “in tandem” and refers to official policy of developing the nuclear program and economy simultaneously.

The nuclear program is still front and center in national policy.  Some things never change.

So they’re going to take some economic lessons from Adolf Hitler’s Mein Kampf?  To recreate the economic miracle Hitler had following World War I?  It’s a little too late for that.  For a lot of the things Hitler did North Korea already has done.  Seize private property.  Limit imports.  Abolish trade unions.  Cut wages.  Force people to work longer hours.  Default on debt.  Print money to pay for public works projects.  And military rearmament.  Then plan on using the proceeds from world conquest to fix their balance sheet.

A lot of these are non-options for Kim Jong Un.  For there is no private property to seize.  They don’t have any trade unions demanding higher wages or better working conditions to abolish.  Public work projects?  If they haven’t been able to light up the night after all of these years with a grand public works project chances are they never will.  They already have a military-first national policy like the Nazis did.  They have one of the largest land armies in the world.  And already have nuclear weapons.  Yet they still have a horrible economy.  Proving again Keynesian economics doesn’t work.  For that was basically what Hitler had.  An economic system somewhere between the Soviet Union and the United States.  State capitalism.  Heavy on the state.

But for state capitalism to work you need a large private sector economy to interfere in.  And North Korea just doesn’t have that.  What they have is nothing but state spending.  And state spending just doesn’t work.  If it did North Korea’s economy would be greater and stronger than South Korea’s economy.  But it’s not.  For South Korea has lit up their night.  And they are doing quite well.  So well that they are one of the four Asian Tigers.  Because they embraced free market capitalism.  And when they do stray into state capitalism theirs is a kind that is very heavy on the capitalism.  Not the state.

www.PITHOCRATES.com

Share

Tags: , , , , , , , , , , , , , ,

Comments are closed.

Blog Home