The New Spirit of Global Capitalism and the Culture of Neoliberalism in Asia

Session Organizer:
Hyun-Chin Lim
Thursday, 2 July 2015: 8:30 AM-10:00 AM
CLM.B.06 (Clement House)
There are a number of assumptions in the mainstream, globalization literature for example about the emergence and establishment of a new world-class of “global elites’. At the same time, it is assumed in the literature on capitalism and globalization that there has been and continues to be a widespread and inevitable diffusion and adoption of neoliberal concepts in the practice of corporate and statist governance, worldwide. However, these assumptions, so deeply engrained and projected in the globalization literature have not been tested empirically.

Stimulating a discussion about empirical analyses and implications for the above hypotheses will be one of the major tasks of this session. The results of empirical investigations that have been conducted in different regions of Asia will be presented and can provide a contribution to current studies on globalization and capitalism. Furthermore, the session proceedings will seek to identify principles of neoliberalism that are “transcultural” in their presence and impact across Asia’s leading economic regions.

Neo-Confucian Ethics Thesis Reconsidered: Explaining Capitalist Dynamism in Asia
Hyun-Chin Lim, Seoul National University; Suk-man Hwang, Changwon National University; Kyusook Um, Kyunghee Cyber University
The Culture of Global Capitalism: A Case of Korean Wave
Jonghoe Yang, Sungkyunkwan University