Many Koreans still feel they must follow a narrow script for success. Covid-19 will not help people to try something new
was a young girl, her path to success seemed clearly defined. “My parents said, study hard, get into a good university and everything will be fine, so I was a good daughter and did that,” she says. “But when I finished I didn’t know what to do and my parents didn’t either and I realised nobody had ever taught me how to make decisions for myself.”
Today her work is exhibited in London and New York as well as Seoul and her country is lavishing awards on her. Her mother, who for years was horrified by her daughter’s life choices, is at last proud of her. Ms Park won’t quite say that she is happy. “But I’m living the life I want.” This process is far from complete. Many Koreans still feel they must follow a narrow script for success: get into a good university, get a job at a, toil uncomplainingly until retirement. The pressure to do the same thing as everyone else is strong. “We care a lot more about external validation of our choices than about our personal assessment,” says Suh Eun-kook, who studies life satisfaction at Yonsei University in Seoul.
Economically, deep crises, such as the one that is likely to result from the pandemic, tend to promote market consolidation. Large companies usually find it easier to weather economic storms, both because they are more likely to have bigger cash reserves than smaller firms, and because they are more effective at lobbying the government to include industry-specific measures that benefit them in fiscal-stimulus packages.
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